Recession concerns in Euro-area lowered Europe stocks

As of February 14, European stock markets fell after the report on Euro-zone’s gross domestic product (GDP) showed that Euro-area’s economy was in deeper recession in the fourth quarter of 2012. As a result,  FTSE 100, Stoxx 50 and DAX fell by 0.50% , 0.81% and 1.05%, respectively.

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