June 9, 2012 / 8:27 PM / in 6 years

UK's Osborne: Euro zone crisis "killing" UK recovery - paper

LONDON, June 9 (Reuters) - Britain’s faltering economic recovery is being “killed off” by the euro zone debt crisis, British finance minister George Osborne wrote in a newspaper article published on Saturday.

Osborne said the euro zone was “approaching a moment of truth” and that decisions taken in the coming months will determine the bloc’s economic future for a decade or more.

“Our recovery - already facing powerful headwinds from high oil prices and the debt burden left behind by the boom years - is being killed off by the crisis on our doorstep,” he wrote in an article published on the Sunday Telegraph newspaper’s website on Saturday.

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below