Gloomy weekend reading … well, if your in Europe anyway:
The euro-zone economy looks set to shrink for the third straight quarter in the final three months of 2012, according to a preliminary gauge of activity published Friday, … The euro-zone economy shrank for six straight months to the end of September and the negative Eurocoin reading suggests it will shrink again in the final quarter of the year, even if the pace of decline appears to have slowed a little in December.
Euro Zone Set to Continue Contraction (Gated – a news search on the headline may turn up something)
