Sad to hear this news from Google posted yesterday 13 March 2013 on their official blog (http://googleblog.blogspot.com/2013/03/a-second-spring-of-cleaning.html)
"We launched Google Reader in 2005 in an effort to make it easy for people to discover and keep tabs on their favorite websites. While the product has a loyal following, over the years usage has declined. So, on July 1, 2013, we will retire Google Reader. Users and developers interested in RSS alternatives can export their data, including their subscriptions, with Google Takeout over the course of the next four months."