~RS~q~RS~~RS~z~RS~43~RS~)
Eurozone downturn and deficits to persist, Commission says
The Eurozone recession will persist into 2013, the European Commission has conceded in its latest forecast.
Governments face an uphill battle to rein in their overspending, with Spain, France and Portugal all failing to cut their deficits to agreed targets.
The Eurozone economy would shrink 0.3% in 2013, the Commission said, making the governments' task even harder.
David Campanale reports.
Read More
Most watched/listened
-
Cellar opened to reveal 'apocalypse'
-
'Massive tornado coming towards us'
-
How the Oklahoma tornado was formed
-
'We thought we were dead'
-
Search for US tornado survivors
-
'First crane egg in 400 years'
-
Collapsed bowling alley amid rubble
-
Storm chaser: I felt like crying today
-
'I was pretty lucky I suppose'
-
World's first 3D-printed gun fired in US
-
Storm chaser captures Texas tornado
-
Apple chief hits back in tax row
-
Narrow door stops woman leaving home
-
Will Israel bomb Iran?
-
'Beer bottle bombs thrown at my home'
