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Wednesday 8th February 2012

recession

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Wednesday 3rd March 2010 15:05

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Image for Deep recession continues in EU

President Zapatero: economic recovery

Reuters

Greece, Spain and Ireland are still among the worst affected by the world’s economic recession, which started over a year ago.

Greece’s manufacturing sector is weakening, unemployment in Spain has reached 19 per cent and Ireland is now facing a €1bn bill to pay for university students.

Greece

A survey earlier this week revealed that Greece’s financial crisis will last longer and deeper than had previously been predicted.

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