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Britain back in recession, calls grow for new E...
Britain is back in recession after the economy shrank again in the first quarter but the government insisted on sticking by its deep spending cuts despite concerns they undermine growth. According to some analysts, the inability of European countries to shake off the economic crisis suggests the time might be right for a renegotiation of the EU's fiscal treaty.
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Britain back in recession, calls grow for new EU austerity deal
Britain is back in recession after the economy shrank again in the first quarter but the government insisted on sticking by its deep spending cuts despite concerns they undermine growth. According to some analysts, the inability of European countries to shake off the economic crisis suggests the time might be right for a renegotiation of the EU's fiscal treaty.
Date: 25/4/12
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AFP News
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