Latest figures show that gross domestic product slumped in the three months to September.
The eurozone is officially back in recession after three years of sluggish growth as the sovereign-debt crisis continues to impede recovery.
Figures out today (15 November) show that gross domestic product in the 17-country eurozone decreased by 0.1% between July and September after contracting by 0.2% in the three months before that.
…Crucially, the figures also point towards slower growth in Germany, indicating that problems in the eurozone’s peripheral economies are beginning to have an impact at its core.
Full article: Eurozone suffers double-dip recession (European Voice)