Brussels, 22/02/2013 (Agence Europe) - Following on the heels of the bad year of 2012, a new round of stagnation or outright recession looks on the cards in Europe because global growth is lack-lustre and thus restricting export opportunities, and that combined with spending cuts, structural reforms and bank and household debt is causing reduced consumer spending across Europe.
The European Commission is asking member states to keep on with their austerity programmes at any cost but leaving...