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Eurozone economy 'dead in the water' says Bank of England official

15.08.14 @ 09:14

  1. By EUOBSERVER

The UK's economic recovery will not be based on increased exports because the eurozone is "dead in the water", a top Bank of England official said Thursday. In a BBC interview, David Miles, part of the bank's Monetary Policy Committee, added it was "pretty difficult" to see UK exports growing.