UK economy cannot avoid impact of the debt crisis

© Scanpix/AP

Next week George Osborne, British Chancellor is going to present a report on the economic situation in the country. Experts consider it is probably the worst time as you can present it in any way you want but the general state of the economy remains pessimistic. Growth is low, unemployment is increasing, exports are falling and the deficit is exorbitant-over 10% of GDP. Until now country was not severally impacted by recession in the euro zone, but strong effect will appear in the nearest future, experts added.