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Eurozone avoids a recession – but the full impact of rate hikes is yet to be felt
The eurozone avoided a recession at the end of last year, but sluggish performances from the bloc’s largest economies ensured that growth remained elusive. Official figures confirmed today that ...
TASS2y
Analysts no longer expect eurozone recession in 2023 — Bloomberg
According to Bloomberg, "Gross domestic product is now expected to increase 0.6% this year, compared with an earlier forecast for a contraction of 0.1%" BRUSSELS, January 10. /TASS/. Analysts at ...
MercoPress1y
Germany in technical recession, Eurozone expects zero growth
Beware the European Union, Germany has entered technical recession. Germany's economy shrunk slightly in the first quarter of 2023 compared with the previous three months, data showed. A ...
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Germany ‘in permanent crisis’ as property market crumbles
Germany is on the brink of recession as manufacturing and property crises engulf the eurozone’s biggest economy. The German economy shrank by 0.3pc in the final quarter of 2023, according to the ...