FRANKFURT (Reuters) – Economic activity inside the euro region must slowly recover later inside 2013 yet there are more damaging dangers than positive ones, European Central Bank President Mario Draghi mentioned about Thursday. The euro zone economy contracted inside the 2nd plus 3rd quarters of last year, meeting the technical description of recession, as well as the downturn is expected to have deepened inside the 4th quarter. “The financial weakness inside the euro region is expected to prevail inside the early piece of 2013,” Draghi told a information meeting following the ECB left its principal rate of interest unchanged at 0.75 %. …
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