Eurozone set for ‘the most widely predicted recession ever’
The Eurozone is set for economic downturn, with leading economists telling Brussels Signal “sticky inflation” will hold growth to below 1 per cent through the…
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Popular articles tagged "economic downturn"
Euro zone recession fears harden as surveys show grim start to Q4
The downturn in eurozone business activity accelerated last month as demand in the dominant services industry weakened further, a survey showed on Monday, suggesting…
Beware Country Garden and Evergrande: a Chinese property crunch could be about to set off a global financial crisis
Country Garden sounds so innocuous, but so did Freddie Mac and Fanny Mae, until those sweet sounding names became shorthand for global financial disaster.
German labour market shows signs of cracking as economy struggles
German companies are thinking twice about hiring staff amid an increasingly uncertain economic environment, according to a study by the Ifo Institute.
Euro set for record run of losses as ECB seen done raising rates
The euro was headed for the longest streak of losses since its inception on bets the European Central Bank is done raising interest rates.
Dutch suffer biggest loss of purchasing power in 40 years
In 2022, the Dutch lost 1.2 per cent of their purchasing power - the biggest drop in almost 40 years.
EU predicts German recession as bloc lowers growth estimates
The European Union has openly predicted that Germany's economy will end 2023 in recession, with Eurocrats shrinking growth estimates for the entire bloc on September…
The Netherlands joins Germany in recession
The Dutch economy has contracted for the second quarter in a row, meaning the country is officially in recession.
Germany’s industry chiefs sound alarm as economy tanks
Industry executives have warned that Germany has entered a phase of “de-growth” dominated by nosediving industrial production.
Germany sees investors fleeing amid economic downturn
Germany has seen investors fleeing the country at record levels as it enters its worst economic downturn in years.
EU economy dragged down by recession in Germany
The European Union’s biggest economy is in trouble, as new figures reveal Germany has officially entered a period of recession that puts the country in “the…