German economy shrank in Q4 in face of eu

German economy shrank in Q4 in face of euro crisis
Associated Press

FILE - The Sept. 19, 2012 file photo shows dark clouds filling the sky after a rain shower, behind the ThyssenKrupp Kokerei Schwelgern steel plant on the river Rhine in Duisburg, Germany. Germany’s economy grew by 0.7 percent in 2012 _ but the economy shrank in the fourth quarter, government figures showed Tuesday, Jan. 15, 2013. The country’s economy grew at faster pace in 2012 than the rest of the group of 17 European Union countries that uses the euro, which has been hit by a debt crisis. But the numbers were down on the previous year, when the Germany’s economy grew 3.0 percent. (AP Photo/Frank Augstein, file)

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