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		</div><p><a href="http://londonglossy.com/wp-content/uploads/2011/01/eurozone-output-lower-than-expected.jpg"><img class="alignnone size-full" title="The economy of the 16 countries using the euro grew by less than expected in 2010" src="http://londonglossy.com/wp-content/uploads/2011/01/min-eurozone-output-lower-than-expected.jpg" alt="The economy of the 16 countries using the euro grew by less than expected in 2010"/></a></p>
<p>The economy of the 16 countries which used the euro in the third quarter of 2010 grew by less than expected, official figures have shown.</p>
<p>Eurostat, the EU&#8217;s statistics office, said the eurozone saw output rise by 0.3% during the quarter, down on the previous estimate of 0.4% and below the 1% growth recorded in the second quarter.</p>
<p>Much of the slowdown was due to a sharp decline in Germany. Though Europe&#8217;s biggest economy grew by a still-healthy 0.7%, that was way down on the 2.3% recorded in the second quarter.</p>
<p>Greece was the only eurozone country economy in recession. Its economy shrank a further 1.3%.</p>
<p>A separate survey showed unemployment in the eurozone remained unchanged at 10.1% in November.</p>
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