In the news:
Originally published Monday, February 13, 2012 at 3:57 AM
Greek output sinks 7 percent in last 2011 quarter
Greece' gross domestic product decreased by 7 percent on the year in the fourth quarter of 2011.
The Associated Press
VLADIMIR RYS / GETTY IMAGES
A building on Stadiou Street is engulfed in flames during the demonstration against the new austerity measures on Feb. 12, in Athens, Greece.
ANGELOS TZORTZINIS / AFP/GETTY IMAGES
Firefighters work to stop a fire from spreading from a Starbucks as clashes between protesters and riot police continue near the Greek parliament in Athens on Feb. 12.
LOUISA GOULIAMAKI / AFP/GETTY IMAGES
A fire burns as riot police clash with protesters in front of the parliament in Athens.
Greece' gross domestic product decreased by 7 percent on the year in the fourth quarter of 2011.
The Greek Statistical Authority on Tuesday said the figure was not seasonally adjusted.
Greece's economy has in decline since late 2008, with successive quarterly contractions since then, with the exception of the first quarter of 2010.
