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      Eurozone economy shrink has by 0.2%


      high fuel and food prices have dented consumer spending across europe - one of the key drivers of the economy .
      amelia torres, a spokesperson for european economic and monetary affairs commissioner joaquin almunia said the data needed to be viewed in contexpect .
      germany - the largest economy in europe - countracted by 0.5% percent during the second quarter .
      the eurozone economy has countracted in the three months to june due to lower private spending and falling exports, adding to fears of a latesting slowdown .
      Generated 2008-9-5_23:31





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