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Bookmark or Share- Eurozone officially entered recession after Eurostat revises figures ...Revised data from the European statistics office, Eurostat, showed the eurozone economy contracted 0.1% in the first three months of this year and the final three months of 2022. The group of countries therefore met the definition of a technical recession: two-quarters of negative economic growth.
- The Eurozone Slipped Into a Mild Recession Early in the YearSpending in the eurozone fell 0.3 percent in the first three months of this year after falling 1 percent in the previous quarter. Imports were also down sharply as demand for goods and...
- Eurozone slips into recession as revised data shows two quarters of ...In the first three months of the year, economic output in the eurozone dropped 0.1% compared with the previous quarter, according to revised official data published Thursday.
- Euro zone economy ended 2024 on downbeat note amid trade fearsThe euro zone economy, skirting recession for more than a year, ended 2024 on a weak note, several key indicators showed on Wednesday, suggesting that a long hoped for recovery remains a distant ...
- Europe’s economy risks a recession after output falls in the ... - CNNRecent survey data shows that activity in the eurozone’s manufacturing and services sectors has been on a downward trajectory, with demand for goods and services set to weaken further. Even if...
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