<iframe width="640" height="360" src="http://video.sky.com/embed/external/16130884" frameborder="0" allowfullscreen></iframe>
Sky news States that-
- The audit firm states that it expects the 17 members of the Eurozone to shrink in the first quarter of next year.
- It predicts that growth for these countries for the whole year will be only 0.1%
- However it states that unemployment will only fall to a high of 10% by 2015.
- This view of a recession occuring next year has only been backed up by the fact that the Euro on Wednesday 14th December fell to a 11 month low, dropping below 84p.
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