Eurozone back in recession

The eurozone,as a whole, has returned to recession as the region’s debt crisis continues to have a negative impact on demand, the economy of the 17-nation bloc contracting by 0.1% between July and September, after shrinking 0.2% in the previous three months, according to Eurostat. The eurozone was last in recession in 2009, when the economy contracted for five consecutive quarters.

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