Topic: Tom Rogers
Eurozone economy will contract 0.3 percent, the European Union predicts, but bottom out in the first half of 2013. Eurozone growth estimate for 2014: 1.4 percent.
Eurozone unemployment hit 11.8 percent in November, the highest since the euro currency was founded in 1999. Unemployment in the 17 eurozone countries was up from 10.6 percent a year earlier.