Recent news from Europe tells us the Eurozone has fallen back into a double-dip recession, as the debt crisis deepens. Even the economic powerhouse of Germany is suffering with a slowdown in its economy. The 17-country region, which represents a fifth of global output, shrank by 0.1% in the third quarter of 2012 (July-September). It shrank by 0.2% in the previous quarter (April-June).
Category: Europe / Eurozone / Statistics