Bank of England warns recovery will be slow
The Bank of England warned that the recession appeared to be deeper than it previously thought and that recovery would be slow, even as it noted on Wednesday that the short-term prospects for the economy had improved.
SIGNS of slow recovery are apparent in the world's economy and according to the International Monetary Fund Managing Director Dominique Strauss-Kahn, stimulus measures implemented to ward off the effects of the crisis should remain until the recovery is firm.