Is the euro crisis hitting Brazil growth?

14 June 2012 Last updated at 12:06 ET Help

Brazil's once booming economy is taking a hit as the eurozone debt crisis lingers, reducing global demand and affecting local businesses and industry.

In the first quarter of 2012, the country posted growth of just 0.2% from the previous quarter, a sharp slowdown from annual growth of 7.5% in 2010.

Iracema Sodre reports.

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