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EU not out of woods yet; see global GDP at 2.5%: StanChart

The surprise agreement by EU leaders at the EU Summit to aid the region's struggling banks lead to a global rally last week. However, Fauzi Ichsan, senior economist, Indonesia, Standard Chartered told CNBC-TV18 that despite this step one cannot say that the Europe is out of woods.

first published: Jul 2, 2012 12:31 pm

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