Bottoming Out? ECB Forecasts Recession until Mid-2010

In its latest monthly report, the European Central Bank suggests the worst of the economic crisis may have passed in Europe. However, it still predicts that the deep recession will last until at least mid-2010.
Bank skyline in Frankfurt: The German economy will remain cloudy until 2010.

Bank skyline in Frankfurt: The German economy will remain cloudy until 2010.

Foto: ddp
dsl -- with wire reports
Mehr lesen über