Eurozone economy shrinks despite slim German growth

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The eurozone's economy shrank in the second quarter, having flatlined in the first and things would have been much worse but for a small amount of growth in Germany, the region's largest economy.

As businesses and consumers cut spending, the European statistics agency said the entire 17 nation currency bloc contracted by 0.2 percent from the first quarter.

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http://www.euronews.net/

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