Lasting crisis casts doubts on muted-recovery scenario for 2012

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<title>Lasting crisis casts doubts on muted-recovery scenario for 2012</title>
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<namePart>Euler & Hermes</namePart>
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<publisher>Euler Hermes</publisher>
<dateIssued>2011</dateIssued>
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<abstract displayLabel="Summary">Euler Hermes lowers its forecasts for world growth to 3% in 2011 and 3.2% in 2012 -- The large emerging economies will continue to shore up world growth -- In Europe, the banking crisis linked to the sovereign debt situation erodes growth prospects -- The slow down in corporate insolvencies is likely to come to a halt in 2012</abstract>
<note type="statement of responsibility">Analysis by credit insurer Euler Hermes</note>
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<topic>Economía internacional</topic>
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<topic>Crisis económica</topic>
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<topic>Perspectivas económicas</topic>
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