Wednesday, June 24, 2009

OECD: slowdown reaching the bottom but ...

According to the OECD’s latest Economic Outlook, the slowdown in the economies of the OECD member countries is reaching the bottom (following the deepest decline for more than 60 years). But the OECD warns that recovery is likely to be weak and fragile, and the economic and social damage caused by the crisis will be long-lasting.

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