Euro-Zone Economy in Recession

The euro-zone economy is in recession for the first time since 1999.

The European Union statistics agency Eurostat Friday said the euro-zone's gross domestic product in third quarter was 0.2% lower than in the second quarter, and 0.7% higher than in the third quarter of 2007. That performance was weaker than expected.

Source: http://www.fxstreet.com/news/forex-news/article.aspx?StoryId=e3217820-ea7c-415e-b879-3c08a8dd5bfa