Europe dragged down by weak UK

Europe’s economic growth will grind almost to a halt next year, dragged down by a weak UK, but the continent will fare better than the US, according to the European Commission in its Autumn Economic Forecasts 2008-2010 issued on the 3 November 2008.

European Commission: Press Release: IP/08/1617: Autumn economic forecast 2008-2010: GDP growth comes close to a stand-still in the EU and euro area http://europa.eu/rapid/pressReleasesAction.do?reference=IP/08/1617&format=PDF&aged=0&language=EN&guiLanguage=en

BBC News, 3.11.08: Eurozone is on verge of recession http://news.bbc.co.uk/1/hi/business/7705835.stm

Deutsche Welle, 3.11.08: EU Faces Recession Next Year, Figures Show http://www.dw-world.de/dw/article/0,2144,3761873,00.html

EurActiv, 3.11.08: Gloomy forecasts for EU as crisis hits real economy http://www.euractiv.com/en/euro/gloomy-forecasts-eu-crisis-hits-real-economy/article-176889

France24, 3.11.08: Eurozone enters first recession since creation http://www.france24.com/en/20081103-eurozone-enters-first-recession-its-history-europe&navi=EUROPE

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