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Recession
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===European Union=== The [[Eurozone]] experienced a recession in 2012: the economies of the 17-nation region failed to grow during any quarter of the 2012 calendar year. The recession deepened during the final quarter of the year, with the [[French economy|French]], [[German economy|German]] and [[Italian economy|Italian]] economies all affected.<ref>{{cite web | title=Eurozone recession deepened at end of 2012 | website=BBC News | date=2013-02-14 | url=https://www.bbc.co.uk/news/business-21455423 }}</ref>
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