(Reuters) - The euro zone will slip into recession and won't grow until 2013, according to the latest Reuters poll of economists who also don't expect any new aggressive policy response from the European Central Bank.
August 18, 2012
August 17, 2012
UK retail sales post surprise rise in July
British retailers reported an unexpected rise in sales in July, and much higher sales than previously thought in June, data showed on Thursday, boosting hopes that the UK's recession may not be as deep as feared.
August 16, 2012
Greece to ask for 2-yr extension of austerity-plan, Germany says no
ATHENS: Prime Minister Antonis Samaras will call for a two-year extension to Greece's austerity programme when he meets Angela Merkel and Francois Hollande next week, a newspaper reported on Wednesday.
August 13, 2012
Economic Crisis Now an Olympic One
The economic crisis hitting Europe's most troubled nations hasn't spared their Olympic performance.
August 12, 2012
Euro Falls Amid Concern Crisis Worsening, Global Growth Slowing
The euro declined versus the dollar for the first time in three weeks as signs of slowing global economic growth added to concern Europe’s sovereign-debt crisis is worsening, damping appetite for riskier assets.
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