Euro Area Enters Second Recession in Four Years

Euro Area Enters Second Recession in Four Years Play

Nov. 15 (Bloomberg) -- Bloomberg's Sara Eisen reports that the euro-area economy entered a recession for the second time in four years as governments imposed tougher budget cuts and leaders struggled to contain the debt crisis that broke out in October 2009. GDP slipped 0.1 percent in the third quarter after a 0.2 percent decline in the previous three months. She speaks on Bloomberg Television's "Bloomberg Surveillance."

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