Eurozone will have short recession
Eurozone will have short recession Updated: 10:22, Thursday January 12, 2012 The eurozone will tumble into a brief recession for two quarters at the end of 2011 and early 2012, according to forecasts published jointly on Wednesday by leading French, German and Italian economic institutes.
A survey shows the eurozone is in a deepening recession, with a higher rate of contraction in economic activity than expected.