Euro Area Growth Expected to Shrink 0.3% in 2013

Feb. 22 (Bloomberg) -- Bloomberg Markets Editor Manus Cranny reports that the European Commission expects the euro-area economy will shrink for a second year in 2013. The euro zone’s GDP is now expected to fall 0.3 percent this year, compared with a November prediction of 0.1 percent growth. He speaks on Bloomberg Television's "The Pulse."

The Rise of South Korea's 'U-Turn Freshmen'
10:56 - South Korea has some of the most highly educated people in the world. More than half have a degree, and yet, the future is looking grim. Jobs are increasingly scarce, and youth unemployment is setting unwanted records. Bloomberg's Shery Ahn reports from Seoul. (Source: Bloomberg)
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