Author (Person) | Atkins, Ralph |
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Series Title | Financial Times |
Series Details | 16.9.11 |
Publication Date | 16/09/2011 |
Content Type | News |
Economic growth across the European Union will have slowed to a 'virtual standstill' by the end of 2011 – but a recession should be avoided, according to the European Commission in forecasts issued on the 15 September 2011. Sharply-revising down growth forecasts for the 27-country region, the Commission warned that prospects had been hit by financial market turmoil, fiscal austerity, tumbling business and consumer confidence and weaker global demand. |
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Subject Categories | Economic and Financial Affairs |
Countries / Regions | Europe |
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