March 28, 2013 7:54 PM

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OECD: World's major economies to see stronger growth this year<br/>

The Organisation for Economic Co-operation and Development, OECD, has said the world&apos;s major economies will see stronger growth this year. It , however, said Europe&apos;s recovery will continue to be slow. OECD predicted a stronger growth in the US, Japan and Germany. But it said concerns remained over the recovery of the wider eurozone. It said governments would need to keep special measures in place to boost economic growth. Overall, the OECD forecast an average annualised growth of 2.4 per cent among the seven biggest economies in the first quarter of this year.That suggests a marked recovery from the last three months of 2012, when leading economies shrank at an annualised rate of 0.5 per cent. But the organisation paints a picture of contrasting fortunes in Europe, where German growth is expected to be relatively strong, while France and Italy are expected to stay in recession until at least the second quarter of the year.

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