Europe In Worst Recession Since World War II

Here are the awful figures out of Europe:

* Germany's economy shrank by 3.8% in the first three months of the year.
* Austria's economy shrank 2.8%.
* The economy of the Netherlands shrank 2.8%.
* Spain's economy contracted by by 1.8%.
* France's economy shrank 1.2 percent.
* The UK saw a 1.9% contraction.
* Italy's economy shrank by 2.4%.