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The ongoing crisis in the eurozone and sapped consumer confidence risk sending Britain into a new recession, a leading centre-left thinktank has warned.
Greece has vowed austerity as eurozone finance ministers meet in Luxembourg where they are expected to approve a 12bn-euro loan to the debt-stricken country.
Ireland is set to become the first eurozone country to exit its bailout but Prime Minister Enda Kenny says there are still tough times ahead.
The World Bank says most of the pick-up in growth this year will come from high-income countries, particularly the United States and the eurozone.
Unemployment in rich countries rose in February, the OECD says, largely the result of rises in the US and some eurozone countries.
World powers have raised the pressure on Greece to form a government quickly, as coalition talks loom after parties backing an EU-IMF bailout won an election that eased fears of a eurozone exit.
Fears that debt-stricken Greece may be headed for a chaotic eurozone exit loomed large as President Barack Obama met other G8 leaders for crisis talks in the United States.
Eurozone leaders have agreed to offer Greece a third bailout, but it is not smooth sailing for the Greeks. Test your knowledge about Greece and its struggling economy with this quick quiz.
One year on from Greece's bailout request, Europe has overcome the shock of finding a black hole the size of the Aegean in its finances -- but is only just waking up to new political aftershocks.
Deep concerns over the eurozone debt crisis resurfaced with a vengeance, driving the euro to 16-month dollar lows as Italy and Spain came under intense pressure on the markets.
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