Austerity plunges Europe

The European Commission predict recession 0,3% for the Eurozone during the year 2012, in contrast with former prediction for 0,5% development. Belgium, Spain, Cyprus, Italy, Holland and Slovenia will follow Greece and Portugal into the dark path of economic compression. It seems that the recession is begining to plunge Europe into poverty and misery! It's a vicious circle that is difficult to get away!