Recession in the euro zone has taken a firm grip of the 16-member nation after the economy contracted by 1.5% in the October to December period and 1.2% on the year.According to statistics body Eurostat, this is the fastest rate of decline since the euro zone was formed in 1999. Germany, which is Europe’s largest [...]

More: Euro zone economy growth plummets 1.5%

Just read about Germany have a big downturn last quarter... these are difficult times...