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Eurozone crisis live: UK recession worse than feared

Thursday, 24 May 2012

• UK GDP shrank by 0.3% in Q1: ONS
• Sources: Hollande and Merkel split over eurobonds
• The leaders' official statement
• Analysts unimpressed
• Weak data from France...and Germany
• Today's agenda

10.55am: *German* and *UK* sovereign debt has strengthened to record levels in the face of bad econonic news...
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Source: Newsy.com - on May 23, 2012

News video: OECD: Eurozone Could Face More Trouble

OECD: Eurozone Could Face More Trouble

The Organization for Economic Cooperation and Development predicts a long-term recession in the eurozone despite a gradual global economic recovery.

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