Eurozone facing up to another year of recession

The eurozone is facing another full year of recession in 2013, with economic output set to shrink by 0.3 percent.

That's on top of a 0.6-percent contraction last year.

The European Commission, in its winter economic forecast, says we won't return to growth until 2014.

It's also warning that up to 20 million people across the eurozone could face unemployment this year, when the number of those out of work hits 12.2 per cent, up from 11.4 percent last year.