[Osem]

The eurozone recession deepened in the final three months of 2012, official figures show.

The economy of the 17 nations in the euro shrank by 0.6% in the fourth quarter, which was worse than forecast.

http://www.bbc.co.uk/news/business-21455423

It is the sharpest contraction since the beginning of 2009 and marks the first time the region failed to grow in any quarter during a calendar year...

Germany, the eurozone's biggest economy, saw the deepest contraction since the height of the financial crisis as its economy shrank 0.6%.

It was hit by a sharp decline in exports.

This is not good.