Euro Area Growth Expected to Shrink 0.3% in 2013

Feb. 22 (Bloomberg) -- Bloomberg Markets Editor Manus Cranny reports that the European Commission expects the euro-area economy will shrink for a second year in 2013. The euro zone’s GDP is now expected to fall 0.3 percent this year, compared with a November prediction of 0.1 percent growth. He speaks on Bloomberg Television's "The Pulse."
`Time Is of the Essence' for Greece to Reach Deal: Lew
00:30 - U.S. Treasury Secretary Jacob J. Lew speaks about the U.S. and global economies, Greece's debt crisis and International Monetary Fund reforms. Lew speaks at news conference at the 2015 World Bank Group/IMF Spring Meetings in Washington. (Source: Bloomberg)
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