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French Finance Minister Pierre Moscovici, reacts as he walks toward the media after the weekly cabinet meeting in Paris, Wednesday, May 15, 2013. The French national statistics agency, Insee, said Wednesday that gross domestic product fell 0.2 per cent in the first quarter of the year, effectively moving France back into recession, and with eurozone's second-largest economy, the French economy is likely to exacerbate problems throughout the euro region.(AP Photo / Michel Euler)

Economy

Eurozone recession is now longest in currency bloc

Sarah DiLorenzo, Pan Pylas -

May 15, 2013 4:00 am

FILE - In this Jan. 11, 2012 file photo containers are piling at the harbor in Duisburg, Germany. The German economy shrank by a larger-than-expected 0.6 percent in the final quarter in 2012, official figures showed Thursday, Feb. 14, 2013, in a clear sign that the European financial crisis took its toll on the continent's largest economy. The quarterly decline was primarily due to a drop in exports as demand weakened from other European nations, many of which are in recession, the Federal Statistical Office said. (AP Photo/Frank Augstein, File)

Eurozone recession deepens as Germany falters

David Rising, Pan Pylas -

February 14, 2013 5:00 am