RECESSION
European Commission said ten EU countries will face recession by end of 2023
The economic downturn will be recorded in ten EU countries, including Germany, in 2023 – as stated in the autumn economic forecast of the European Commission, TASS reports Photo: www.reuters.com "Ten EU states will face an economic downturn in 2023," the EU Economy Commissioner, Paolo Gentiloni, said in a statement, as he presented the forecast at a press conference in Brussels. According to the materials distributed by the European Commission, in particular, the German economy will ...
16.11.2023european union , recession
American media reported on the possibility of US economy sliding into recession in 2024
... likely to enter into a recession. If the country’s economy ... article noted. “The typical modern recession lasts 10 months, so an ... early, short and shallow recession would give Biden time to ... . A late, long and deep recession could put Biden among the ...
20.06.2023US , Biden , recession
Eurostat: in Q1 2023, Eurozone fell into recession
The Eurozone entered into a recession in the first quarter of ... has been ‘in a technical recession’ since the first quarter, according ... barely managed to avoid a recession’. Eurostat attributes this significant revision ...
14.06.2023EU , economy , recession
US announced threat of recession and rising unemployment in the country
... United States may face a recession and an increase in unemployment ... this often leads to a recession, which reduces economic activity and ... . This is leading to a recession. The unemployment rate will increase ...
31.05.2023usa , recession , economy
IMF Head: half of EU states to slide into recession due to Ukrainian conflict
... EU countries will slip into recession because of the Ukrainian conflict ... of them will be in recession this year. According to Ms ... world economy will be in recession in 2023.
04.01.2023recession , eu
Reuters: UK economy on the brink of recession
... looks set to fall into recession as rising inflation hits households ... ’s economy suggests that the recession will end no earlier than ...
18.10.2022UK , economy , recession
German Deutsche Bank economists predict long and deep recession in Europe
... previous forecast of a mild recession in Europe, which was previously ... expect a longer and deeper recession, RIA Novosti reports. Photo: www ... in July for a mild recession this winter is now too ... foresee a longer and deeper recession.” According to the publication, experts ...
22.09.2022Europe , economy , recession
Bloomberg: probability of recession in Eurozone in the coming year has reached 80%
According to the economists’ forecast, the likelihood of an economic downturn in the Eurozone for two straight quarters in the next twelve months has reached 80 percent, TASS reports Photo: www.reuters.com According to Bloomberg, experts did not rule out that inflation may peak at 9.6 percent in the final three months of the year. At the same time, earlier the Head of the European Central Bank (ECB), Christine Lagarde, said that the goal of the regulator is to return inflation to 2 percent. ...
21.09.2022EU , economy , recession
Spiegel: German economy to face ‘tragedy in five acts’
... German economy is falling into recession, which in the long run ... name to describe this drama – recession. And it looks like the ...
14.09.2022Germany , recession
Motivation for us Recession for the West
... would periodically experience certain crises, recessions, but it would transform and ...
21.07.2022Belarus , development , recession , West , sanctions
Media: 70% of American economists convinced that recession in US is inevitable
... USA will certainly face a recession, the only question is when ... States will inevitably face a recession. This point of view is ... about the inevitability of the recession. “But if the fear ... of recession has already arisen, then it ... strengthens the mechanisms that make recession more likely,” reads the publication ... of the beginning of the recession. According to the survey of ... USA will certainly face a recession, it’s only a matter ... of 2023. “That is, the recession will definitely come. The only ...
12.07.2022USA , economy , recession
Recession risk in Europe rises to 40%
Restrictions on Russian gas supplies have raised the risk of an economic downturn in Europe to around 40 percent – as reported by RIA Novosti with reference to data from the British Centre for Economics and Business Research Photo: www.pixabay.com The study notes that gas supplies to countries such as Italy and France are now under threat. The British authorities should also be concerned, despite the fact that the UK receives most of its gas from Norway. “The UK has very limited storage ...
05.07.2022Europe , Russia , recession
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