EU faces second year of recession

As German Chanellor Angela Merkel and Italian Prime Minister Enrico Letta look into the future, are they squinting at a bright recovery? More likely, wincing.

For the first time in history, the 17 nations that use the euro are headed for two years of back-to-back recession, according to the European Commission.

Marketplace's Stephen Beard joins Morning Report host Jeremy Hobson from London with the latest.

About the author

Stephen Beard is the European bureau chief and provides daily coverage of Europe’s business and economic developments for the entire Marketplace portfolio.

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