Europe data in stark contrast to us: Swan

Europe data in stark contrast to us: Swan

Sydney : Australia | Aug 15, 2012 at 12:11 AM PDT
Source: Sydney Morning Herald
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Data released on Tuesday showed the eurozone economy contracted 0.2 per cent in the June quarter, shrinking by 0.4 per cent compared to a year earlier. Mr Swan told parliament that Europe's economy is now two per cent smaller than it was before the global financial crisis. "There couldn't be a starker... FULL ARTICLE AT Sydney Morning Herald
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"Australia is in a strong position relevant to other advanced economies," says Treasurer Wayne Swan
"Australia is in a strong position relevant to other advanced economies," says Treasurer Wayne Swan
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