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Two of the eurozone's biggest economies have fallen into recession, according to the latest economic figures.

Italy and the Netherlands both saw their economies shrink by 0.7% in the fourth quarter, the second consecutive quarter of economic contraction.

Germany had its first negative quarter since 2009 with a decline of 0.2%, compared with the previous quarter.

But in France there was surprise growth of 0.2% at the end of last year, attributed to healthy export growth.

Overall the 17 nations that make up the eurozone saw economic activity shrink 0.3% in the fourth quarter. By comparison the United States reported growth of 0.7%. Continue reading the main story �Start Quote

   Greece may be burning. Growth may be slowing. But the recognised German barometer of hope over fear shows far more Germans looking on the bright side than those down in the dumps�

End Quote image of Stephen Evans Stephen Evans BBC News, Berlin

   * Germany: Reasons to be cheerful

The eurozone has not slipped into recession as it reported growth of 0.1% in the third quarter. 'Better than feared'

For 2011 as a whole, the French economy grew by 1.7% and Germany 3%.

Europe's debt crisis has already pushed Greece, Portugal and Belgium into recession, defined by two consecutive quarters of contraction.

Economists forecast that Germany is likely to avoid that scenario and say the latest growth figures could have been worse.

"This is better than feared after retail sales and industrial production turned out badly in December. The decline is due to the euro crisis. It caused a drastic loss in confidence among companies and consumers." said Christian Schulz, an economist at Berenberg Bank.

"Action from the ECB and the government has restored confidence. There is hope that we will emerge quickly from the economic dip. We expect growth again in the second quarter at the latest, provided that the euro crisis remains under control." he said.

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Earlier on Wednesday, multiple blasts struck the Sa'ad Allah al- Jabiri square in the heart of the northern city of Aleppo. Conflicting reports have emerged about the number of car bombs that ripped through the area.

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Thousands of so-called Tea Party activists rallied in the hometown of Senate Democratic leader Harry Reid of Nevada Saturday. The Tea Party rally launched a nationwide bus tour for the grassroots conservative group that plans to arrive in Washington on tax day, April 15.

They came by the thousands, from across state lines and across the country, in campers, recreational vehicles and by motorcycle.

With flags that read "Don't Tread On Me", Tea Party supporters gathered in a windswept dusty lot in the desert in Searchlight, Nevada, the hometown of Senate Democratic leader Harry Reid.

The featured speaker was former Alaska governor and Republican vice presidential candidate Sarah Palin, who urged the crowd to hold President Obama and the Democrats accountable for the health care plan recently approved by Congress despite unanimous Republican opposition.

"What we are doing,louboutin pas cher, folks, we are rolling up our sleeves and we are getting down to business and getting back to the common sense conservative principles that made this country the greatest country on earth,burberry soldes, and we are not going to sit down and shut up," said Palin. "Thank you for standing up,doudoune moncler!"

Palin is a favorite of the Tea Party movement,moncle sito ufficiale, and many carried homemade signs urging her to run for president in 2012.

The rally launching the bus tour drew activists from several neighboring states including California, Arizona,moncler, and from as far away as Washington State,mercurial vapor pas cher, including retiree Joe Coleman.

"I support the Tea Party and the program they have, and what they are trying to pass on to the people,air jordan," he said. "And I think it is good because a lot of things in the White House and Congress that have taken place right now need to be checked and put under some kind of control."

June Borders made the hour-long drive down from Las Vegas to lend her support.

"I especially like it because it involves the silent majority that haven't been involved [in politics] in a long time," she said.

Some of the local residents in Searchlight did not like the fact that outsiders had come in to target Senator Reid, who faces a difficult re-election bid this year, in part, because of his work in guiding the divisive health care reform bill through Congress.

Verlie Doing has known Harry Reid for decades and has run the Searchlight Nugget Casino and Restaurant for more than 30 years.

"But I totally resent the fact that they have come to Senator Reid's hometown and targeted him," she said. "I just don't think that is the American way. I don't think so. They are strangers. They don't know him at all."

The Tea Party movement is not a political party,doudoune moncler pas cher, but a loose grouping of conservative grass roots activists who oppose the health care bill and taxes and who want to reduce the power of the federal government. The name was inspired by the Boston Tea Party tax protest against the British in 1773.

The Tea Party activists are generally targeting Democrats and supporters of President Obama in their rallies,burberry, though some critics find their rhetoric harsh and, in some cases,piumini moncler, threatening.

The Tea Party express bus tour will make its way to Washington over the next several weeks and plans to arrive in the nation's capital for a rally on April 15,louboutin, the national deadline day for citizens to file their annual income tax returns.Related articles:

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