Europe's Economy Stumbles

Economic officials worldwide are looking at Europe again, as the eurozone reported barely there 0.2 percent growth in gross domestic product the last quarter. Perhaps even more troubling, Germany, which accounts for roughly one-fourth of the zone’s GDP, contracted by 0.2 percent in the period. The troubling news comes just a day after Japan announced its GDP shrank 6.8 percent. The country many are watching is Italy, where the pace of contraction increased to 0.2 percent.