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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.

The badly wounded

In new network on 13 September,supra, according to American media coverage,hogan, 12,supra shoes, American northeast Texas City Dallas collision accident,louboutin pas cher, the cause of children,sac longchamp pas cher, including more than 11 people were injured.According to reports,air jordan, Texas authorities says,louboutin pas cher, local time 12 days afternoon 1 when the left and right,louboutin, two from the same institutions on loan of vessels in the Lewis Weil Svatn (Lewisville Lake) toll bridge nearby waters collided,burberry, resulting in two ship a total of 11 people were injured,franklin marshall, at least 3 people were injured.
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The badly wounded,ralph lauren, including 1 year only 10 year-old boy,scarpe hogan, his head hit must undergo a surgical operation.The collision accident caused 1 ship.But authorities say,sac longchamp, fortunately,jordan, the two ship in 12 people all wear life vests,air jordan pas cher, or it could be worse.
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"in the past 30 years

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According to the report,air jordan, the implementation of the new deal (New Deal) "Idol" character Franklin Roosevelt still charm,louboutin, beat the United States presidential Hill engraved many old timers,polo ralph lauren, once again become "the best presidential" first name.
It is reported,louboutin pas cher, this was his fifth number one.According to the 238 surveyed historians,sac longchamp, the Presidential Scholars and political scientist,abercrombie paris, Theodore Roosevelt (old Roosevelt), Lincoln,sac longchamp pas cher, Washington and Jefferson the 4 president was engraved on the mountain face,supra, not enemy led the United States through the Second World War and the economic recession in the Luo sifu.
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"The 2010 survey included the United States President Barack Obama,scarpe hogan, his support rate surprise,jordan, ranked 44 in the ranking of the former 1/3 president,hogan, beyond Reagan ranked eighteenth,supra shoes, won fifteenth place.
But surviving Democratic president of the United States,abercrombie, Obama's ranking is not most is in the lead,louboutin, but Clinton Bill ranked thirteenth.The seventeenth president of the United States Johnson (Andrew Johnson) in the survey ranked the lowest.
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