Friday, 16 January 2009


Eurozone exports plunge as slowdown bites

By Ralph Atkins in Frankfurt

Published: January 16 2009 16:12 | Last updated: January 16 2009 19:48

Eurozone exports fell almost 5 per cent in November as a result of the slowdown in global growth, with Germany particularly exposed.

Meanwhile, Spain’s finance minister warned the country faced its deepest recession in 50 years, amid more gloomy data.