Euro-Zone Economy in Crisis

by Benjamin Domenech on 12:10 pm February 12, 2010

“Combined gross domestic product in the 16 countries that use the euro rose by a weaker-than-expected 0.1% in the fourth quarter from the previous quarter, and was down 2.1% on a year-to-year basis, the European Union’s statistics agency Eurostat said Friday. In the third quarter, GDP rose by 0.4%.”