EU paints gloomy picture of euro-area growth outlook

Source: Wake Up From Your Slumber The European Union trimmed its forecast for euro-area growth next year as the economy struggles to gain momentum with the debt crisis dragging into a fifth year and unemployment at a record. Gross domestic product in the 17-nation currency bloc will rise by 1.1 per cent in 2014, less … Continue reading EU paints gloomy picture of euro-area growth outlook