The story

The 15 countries that share the single European currency are in recession for the first time in the 10-year history of the eurozone, according to initial estimates the European Union said Friday.

According to the latest EU figures, GDP fell 0.2% in the third quarter, the second successive quarter of negative growth.

The news comes a day after Germany -- Europe's biggest economy -- announced it had dropped into recession territory. Read full article »

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