OECD: Crisis in the euro zone is a threat to the global recovery

The OECD (Organization for economic cooperation and development) warned Tuesday that the crisis in the euro zone is a major threat to the global recovery.

The Agency for international cooperation, said that included the immediate dangers, but the area economy still shrinking.

The increase in the public debt, the weakness of banks and slow growth, the OECD as real risks in the euro area highlighted.

In this context, the Agency required urgent action by the serious consequences of which would have a resurgence of the crisis.

However, the OECD added that the prospects that are a little more optimistic half a year ago.

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