Quotes of the Day

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Friday, Feb. 13, 2009

Open quoteThese are huge contractions in Europe, the largest in living memory in most cases.Close quote

  • KEN WATTRET,
  • economist at BNP Paribas, on news that Germany's economy suffered a record slide in the final quarter of 2008 and that France's shrank at its fastest pace in 34 years, suggesting that already grim forecasts for the euro-zone GDP could be too optimistic
Photo: Christian Charisius / Reuters | Source: REUTERS