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Eurozone is biggest threat to growth: OECD 
OECD warns leaders must act to avoid recession 
US ‘a parasite’ on world economy, says Putin Global economic recovery will slow down next year, according to the latest OECD report.
The Paris-based Organisation for Economic Recovery and Development predicts growth for 2011 will fall to 4.2 per cent, down from 4.6 per cent this year. Factors for this include a slower than anticipated recovery in the US, global currency tensions and a possible debt crisis in Europe.
The organisation does expect growth to return to 4.6 per cent in 2012.
More about: Economy, OECDCopyright © 2012 euronews
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latest economy news
EU-Argentina trade friction increases- Eurozone citizens back common currency
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- Foreign investors shun Italy and Spain
- IMF tells Britain ‘must try harder’
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