European Union leaders rejected a multi-billion dollar rescue plan for Eastern Europe which is facing a deep economic crisis
European Union leaders rejected a multi-billion dollar rescue plan for Eastern Europe which is facing a deep economic crisis
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Average contraction of 6% in 2009 with a “fragile” and “patchy” recovery in 2010 expected
The unemployment rate reached 7.9% and is expected to continue to climb to 10%
More than 57m people will be unemployed in the OECD by the end of 2010
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