Ollie Rehn predicts eurozone 'mild' recession
The European Commission has predicted that the eurozone economy will contract by 0.3% in 2012.
In its previous forecast in November, it said that the economy would grow by 0.5%.
Olli Rehn, European commissioner for economic and monetary affairs, said the GDP forecast comprised all 27 members of the European union.
23 Feb 2012
- From the section Business