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      Archive: 8/17/2012
      08:46
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      News Brief

        8/17/2012, Av 29, 5772

      Analysts: Euro in Recession until 2013


      A Reuters analyst poll indicates that the euro recession will go on until 2013, and European banks will not use aggressive policies.

      According to the poll, The euro bloc economy will shrink by 0.2% in the 3rd Q 2012 , like in the 2nd Q. The July poll predicted 0.1%. Only one economist predicts growth, while others predict the economy will shrink by up to 0.8%.