The economy in 2012

While last year Eurozone nations stood on the brink, this was the year when citizens bore the brunt of austerity cuts. And Australia was not immune to the global conditions.

Thousands of protesters marched through Athens ahead of a crucial vote on new austerity measures.

The Eurozone debt crisis has continued into 2012 and created with it deeper problems. While last year entire nations stood on the brink, this was the year when citizens bore the brunt of austerity cuts.

And Australia was not immune to the global conditions.