Eurozone's GDP is forecast to drop in Q1

Source: Bloomberg
Economic performance of 17-nation bloc is set to decline in the first three months of 2013 recording the sixth successive quarterly fall bringing the region to the longest depression since the Euro was created. Gross domestic product of the euro area is expected to drop 0.1% in the Q1, which would exceed a recession in 2008-2009 lasting for 15 months.
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