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Europe keeps sinking deeper into recession, amid bold moves to cut national debt (Photo: Images_of_Money)

EU economic forecasts out next WEEK

The European Commission will next Friday (3 May) unveil its latest forecast for economic growth and employment in EU countries.

A number of member states - chief among them France and Spain - are struggling to live up to EU obligations to cut debt as their economies tank.

The commission figures will underpin its country-specific financial recommendations due at the end of May.

Earlier in the week on Monday, the commission's "task force" on Greece - a group of 50-or-so exp...

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