German economy shrinks in Q4

Germany is showing the first signs of feeling the pain from the euro zone's debt crisis as its economy shrank in the last three month of 2011. Gross domestic product grew 3.0 percent for the whole year thanks to strong demand at home and exports. That was below the previous year's growth rate of 3.7 percent, which was the fastest since reunification. ... http://www.euronews.net/