Thu, 14 Feb 2013 11:47:19 GMT
Shrink in German economy in fourth quarter exceeds forecasts
After exports fell, Germany, the largest Europe's economy contracted more than predictions of economists, with GDP plummeting 0.6% compared to the 3rd quarter, when it advanced 0.2%. There was also seen a significant decline in the Italian and French economies in the fourth quarter, where GDP dropped 0.9% and 0.3% respectively. "The figures released in individual member states so far suggest