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Euro-zone economy may contract in 2012, ECB says

LONDON (MarketWatch)
European Central Bank President Mario Draghi said on Thursday that the bank’s staff expect annual euro-zone real GDP growth in a range between 1.5% and 1.7% in 2011, and between 0.3% and 2.3% in 2013.
For 2012, the ECB projections…

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