Eurostat data released Thursday showed that for the second straight quarter the eurozone economy contracted. Output shrank by 0.1% in the July-September quarter, compared with the previous quarter.The European Union's executive commission forecasts the eurozone economy will shrink 0.4% for all of 2012 and grow by just 0.1% in 2013.
As Eurozone Economy Shrinks, Government Debt Loads Grow
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