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The eurozone is in its longest recession since Eurostat began collecting data (Photo: Valentina Pop)

German growth too weak to lift eurozone from recession

The eurozone economy continues to shrink as Germany's economy grew by a meagre 0.1 percent in the past three months, while France slid back into recession, according to data from the EU statistics office Eurostat published on Wednesday (15 May).

Shrinking by 0.2 percent in the first three months of 2013, the eurozone economy has now been in recession for the past one and a half years, the longest period since 1995, when Eurostat started collecting the data.

The worst off are Gree...

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The eurozone is in its longest recession since Eurostat began collecting data (Photo: Valentina Pop)

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