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Email this article: Eurozone faces recession throughout 2012
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Posted: Thu February 23, 2012 1:50 pm
INTERNATIONAL. Fresh EU data predicted a 0.3% contraction. "The unexpected stalling of the recovery in late 2011 is set to extend into the first two quarters of 2012."
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QATAR. In the end, monetary policy can be powerful in the short-term but is unlikely to change the long-term predicament of the Euro Area. The ECB may succeed in preventing prolonged deflation from taking hold, but this is a not a sufficient condition for sustainable growth.
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