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The European recession worsened in Q4 [ClearOnMoney]

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The European recession worsened in Q4

14 Feb 2013 by Jim Fickett.

Today Eurostat released GDP figures through Q4. The quarterly change has been negative or zero for 5 quarters now, and the latest change is the worst:

Many people are hopeful that the situation will improve this year however, at least for now, there is no sign of the European recession ending.