Eurozone recession worsens

2013-02-14 57

The eurozone slipped deeper than expected into recession in the final three months of last year.

GDP declined 0.6 percent - the most since early 2009 - as the region's largest economies, Germany and France, shrank - by 0.6 and 0.3 percent respectively.

The next two biggest - Italy and Spain - also remained deep in recession.

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