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Low corporate and consumer confidence stemming from the Eurozone crisis, tightening credit conditions and fiscal policy in many countries suggest that economic growth across Western Europe will be restrained in 2012. However, it is expected that a two-tier Western Europe will emerge with the Nordics, UK and Germany expected to see some growth this year whilst peripheral countries (Spain, Italy and Portugal) will remain in recession. Discover more...
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27 June 2012