Relevant:
- IMF Urges Germany to Keep Spending Amid Low Growth
- EU Cuts Euro-Area Growth Forecast as Inflation Seen Slower
- Drop in Germany's exports signals stalling eurozone economy
- Engaging debt spiral -- Spillover to US market from record European Union Unemployment -- US exports over $260 billion to Europe every year. Why is the EU crisis no longer in the US press?
- IMF downgrades global growth as fears about Europe and Russia overshadow oil windfall
2009-05-04 — nytimes.com
" The European Commission on Monday revised lower its forecast for growth in the European Union this year as consumers react to the weakening labor market and amid a slump in world trade and an ongoing housing market correction."
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