New economic figures have been published showing that the euro zone economy contracted over the final quarter of 2013. Reuters notes that the overall decline was largely a function of contractions in the German and French economies, but that embattled periphery countries were particularly hard hit. Youth unemployment in Greece reached 62%.
Euro Zone Recession Worsens As Core, Periphery Economies Contract
UPDATED 7:26 AM EST, February 14, 2013