S & P: the eurozone may leave the recession behind in the second half of the year

The euro zone in this year's second half is expected to gradually leave behind its “mild recession” – predicted Standard & Poor's on Thursday in London.

The international credit rating agency’s economists recognized that however, downward risks may change the projections such as the recession of the euro.

According to the global forecast compiled and presented by the company's European chief economist, Jean-Michel Six; the euro zone's economic performance in 2012 will be stagnated and in 2013 it will be increased by 1 percent – reports MTI.