Euro zone economy shrinks at record rate, inflation slows sharply

BRUSSELS (Reuters) - The eurozone economy contracted at a record rate and by more than expected in the first three months of the year and inflation slowed sharply as much economic activity in March came to a halt because of the COVID-19 pandemic, data showed on Thursday.According to a preliminary flash estimate of the European Union's statistics office Eurostat economic output in the 19 countries sharing the euro in January-March was 3.8% smaller than in the previous three months -- the sharpest..