Double-dip threat to eurozone area

AOL Money Staff
Euros
Euros

The embattled eurozone is on the brink of a double-dip recession as figures revealed that the 17-nation economy shrank by 0.2% between April and June.


The UK's biggest trading partner suffered the decline in output as the debt crisis sweeping the continent escalated, with borrowing costs in struggling countries such as Spain and Italy remaining high.
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