Eurozone Recession Now Longest In Currency's History

huffingtonpost.com - By PAN PYLAS and SARAH DiLORENZO - May 15, 2013

PARIS -- The eurozone is now in its longest ever recession – a stubborn slump that has surpassed even the calamity that hit the region in the financial crisis of 2008-2009.

The European Union statistics office said Wednesday that nine of the 17 EU countries that use the euro are in recession, with France a notable addition to the list. Overall, the eurozone's economy contracted for the sixth straight quarter, shrinking by 0.2 percent in the January-March period from the previous three months.

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