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But employment looks set to contract in the north of England and in the public sector, its report warned.
"But now those problems are mounting up".Even before the default, the economy was set to contract by about 1.5% this year.
One is Latvia, whose economy is set to contract by at least 12% this year, and whose credit rating has just been downgraded by Standard & Poor 'sto junk.
But now, thanks to the will of 52% of British voters, the EU looks set to contract rather than enlarge for the first time in its history.
The government has admitted that Spain's double-dip recession will continue for at least another full year, with the economy set to contract in both 2012 and 2013.
And yet their GDP is set to contract this year by far more than the profligate Americans or British.Exports are, of course, the reason why German GDP has fallen so sharply.
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But now players including Hugo Lloris, Harry Kane, Jan Vertonghen, Christian Eriksen, Érik Lamela and Eric Dier are set to sign contract extensions.
Nonetheless, the Department for Transport is set to sign the contract with FirstGroup on Wednesday morning.
B3 Beliefs B6 OBITUARIES C16 SPORTS D1-8 Yanks Hanging On to Clemens Roger Clemens (9-6) isetetoto sign a contract extension worth $30.9 million over three years.
The former Swansea manager Michael Laudrup is set to sign a contract extension with Qatari champions Lekhwiya SC, his agent has confirmed.
Sterling is set to sign a contract extension with the Reds which will see him earn around £100,000-a-week.
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