Goldman's Hatzius Sees Eurozone in ‘Significant Recession’

Wednesday, 04 Jan 2012 12:28 PM

 

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Jan Hatzius, chief economist for Goldman Sachs Group Inc., said that he sees the 17-nation euro area in a “significant recession” and that he sees the possibility of renewed financial instability in Europe.

Hatzius spoke in an interview with CNBC television. He predicted “more of the same” for the U.S. economy.


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