24 Sep 2013
OECD: Eurozone remains a source of risk
FXstreet.com (Barcelona) - The OECD's chief economist Pier Carlo Padoan said today at a press conference in Lisbon that the Eurozone continues to be "a considerable source of risk" for the global economy. He projected that the area would return to positive growth only in 2014, even though many EU countries were already experiencing a recovery.
Padoan urged EU governments to make the fight against unemployment their top priority in 2014. He also said that the global economy was gradually coming out of recession, but that it was still far from sustainable growth.
Padoan urged EU governments to make the fight against unemployment their top priority in 2014. He also said that the global economy was gradually coming out of recession, but that it was still far from sustainable growth.