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Euro Zone Economy Falls Deeper Into Recession


Ron Burgundy
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German French and EU flags flutter over the German lower house of parliament in BerlinBERLIN/PARIS (Reuters) - The euro zone slipped deeper into recession in the last three months of 2012 after its largest economies, Germany and France, shrank markedly at the end of the year. It marked the currency bloc's first full year in which no quarter produced growth, extending back to 1995. Economic output in the 17-country region fell by 0.6 percent in the fourth quarter, the EU's statistics office Eurostat said on Thursday, following a 0.1 percent drop in output in the third quarter. ...




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