FRANKFURT - A FLURRY of data revealed the dismal contours of Europe's new economic landscape on Friday, with key economies in deep recession, weak growth in previously dynamic eastern states and a disaster zone in the Baltics.
The trend was set by Germany which posted a 2008 fourth-quarter plunge of 2.1 per cent in gross domestic product (GDP), its worst quarterly result in two decades, as exports and business investment buckled under the global crisis.
