Eurozone's economy predicted to shrink in 2012

Note: This section contains information in English only.
Source: BBC News
European commission forecasts that Eurozone economy will shrink 0.3% in the course of 2012 but will experience 1% growth in 2013. Commission also forecasts that economies of all 27 members on aggregate will experience zero growth in 2012 and 1.3% growth in 2013. Mainly due to the highest unemployment level in the European Union, the only country, which economy is predicted to shrink next year is Spain.
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