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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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SECTION I.


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On the afternoon of the same day

Maldives's new president Vahid appointed on the part of 12 cabinet members,hogan, for the formation of a coalition government efforts.Former president Nahid said in the capital male says, he will not consider and Vahid formed a coalition government.
Maldives's political stalemate continues.Vahid 12, the appointment of a new attorney general and 6 ministers.The presidential palace was held on the day the appointment ceremony, the attorney general and 6 ministers in the Supreme Court before judge sworn.
Plus after Vahid has been appointed Minister of defence and Minister of the interior,franklin marshall, the new government cabinet has begun to take shape.But there are still 5 positions in the cabinet of leave a seat vacant for sb.
,louboutin pas cher, the analysis thinks, these 5 positions are reserved for Nasheed Democrat party.The newly appointed 7 members of the cabinet are from 4 parties,burberry, one of the most attract sb.'s attention is the former president of Maldives Gayoom as leader of the Progressive Party and the Conservative Party of justice on behalf of islam.
The analysis thinks, Gayoom led the party to return to the cabinet, Gayoom means that the school first held in 2008 elected defeat, with the opportunity to once again return to national politics in central,air jordan pas cher, this will bring more variables to the 2013 election.
While representing Islam conservative Justice Party joined the Maldives politics, but also to bring a lot of subtle changes.Justice Party has been in Maldives for the implementation of strict Islamic fundamentalist,sac longchamp pas cher, such as forbidden in island areas outside the sale of alcoholic beverages.
During the Nahid administration,louboutin pas cher, the Justice Party has been in government for the development of tourism economy and the relaxation of part of the Islamic prohibition is very dissatisfied.12,supra shoes, the former president of Maldives Nahid rejected the United States envoy proposal, refused to join the coalition government led by President Vahid, and demanding immediate elections.
On the afternoon of the same day, Nasheed supporters held a rally in the capital male again, Nasheed at the rally,supra, Vahid's government was illegal,ralph lauren, he called for the immediate election,abercrombie paris, he and his party will to fight.
That night, Nasheed supporters once again took to the streets to protest.Marchers clashed with the police, the police use of pepper spray and other tools to disperse the crowd.The United States Department of state for South Asian Affairs Assistant Secretary of state Black 11, respectively, and both sides of the Maldives conflict met with,polo ralph lauren, he said later, in Maldives, the existing situation, immediately start elections is not realistic.
He urged both sides to compromise attitude as soon as possible,sac longchamp, to prevent violent conflict from happening again, work together to safeguard in 2013 November elections could be held as scheduled.With the exception of the United States,scarpe hogan, other international forces in Maldives to quell political conflict and work.
Especially on situation in Maldives has great influence in India also sent envoys began mediation.The positions of the parties are the same,louboutin, that is to give up the conflict,air jordan, as soon as possible to restore calm,louboutin, security 2013 election held smoothly.
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