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Euro zone economy to shrink again in 2013, EU says
Reuters The 17-nation bloc's economy, which generates nearly a fifth of global output, will shrink 0.3 percent in 2013, the Commission said, meaning the euro zone will remain in its second recession since 2009 for a year longer than originally foreseen. German economy contracts in Q4 as exports slump 2.0%: data German Economy Confirmed to Have Contracted on Declining Exports |