Investmentwatchblog.com Europe’s economy: Still in the danger zone The latest economic growth figures from the European Union If Greece defaults, it could set off a contagion that would raise rates for the other nations, causing more defaults and a possible exit from the euro.” European nations are falling victim to the virus of debt contagion. Italy Economy Shrank 0.1% in First Quarter IMF warns of negative spiral in France as recession looms again Portugal’s economy: Two steps forward, one step back OECD: Greek GDP at -0.3% in ’14; Additional debt relief is necessary
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