Forecast predicts debt woes will continue to overshadow eurozone recovery

Leading economists are warning that concerns over sovereign debt continue to overshadow recovery in the eurozone.

Leading economists are warning that concerns over sovereign debt continue to overshadow recovery in the eurozone.

Ernst and Young's Summer Eurozone Forecast says the unthinkable of a year ago is about to happen - that Greece will need more financial help and be forced to restructure its sovereign debt.

As a result, the group expects Eurozone GDP to rise by just 2% this year and by 1.6% in 2012.

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