Europe Recession
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Russian Gas Cut To Europe Hits Economic Hopes; Recession Risks Rise
Russia said it will cut gas supplies to Europe from Wednesday in a blow to countries that have backed Ukraine, while missile attacks in Black Sea coastal regions raised doubts about whether Russia will stick to a deal to let Ukraine export grain.
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Eurozone Entered Into Technical Recession At Start Of 2023: Report
The eurozone entered into a technical recession at the start of the year, shrinking by 0.1 percent for a second consecutive quarter, figures from the EU's statistic agency showed Thursday.
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Risk Of Recession Is High, Says Top EU Official Amid Rising Energy Prices
The threat of recession is rising in Europe, a top EU official warned on Wednesday, as skyrocketing energy prices caused by Russia's invasion of Ukraine punish the economy.
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EU says euro zone economy to shrink again in 2013
The European Union predicted Friday that the economy of the 17 member countries that use the euro will shrink again in 2013 even though it will see its fortunes improve in the second half of the year.
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Eurozone avoids recession as Germany powers ahead
Germany prevented the economy of the 17 countries that use the euro from falling into a recession in the first quarter of the year despite a raging debt crisis.
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Oil prices lower in Asia on weak Europe, China data
Oil prices were lower in Asian trade today, weighed by weak economic data from Europe and China, as well as an increase in US crude stockpiles indicating faltering demand.
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Asian markets ease as focus moves to growth, oil prices
Asian shares and the euro fell on Thursday on concerns about global growth driven by higher oil prices and data showing the euro zone may slip into recession.
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Lack of jobs in Southern Europe frustrates the young
Francesca Esposito, 29 and exquisitely educated, helped win millions of euros in false disability and other lawsuits for her employer, a major Italian state agency. But one day last fall she quit, fed up with how surreal and ultimately sad it is to be young in Italy today.It galled her that even with her competence and fluency in five languag...
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Russian Gas Cut To Europe Hits Economic Hopes; Recession Risks Rise
Russia said it will cut gas supplies to Europe from Wednesday in a blow to countries that have backed Ukraine, while missile attacks in Black Sea coastal regions raised doubts about whether Russia will stick to a deal to let Ukraine export grain.
-
Eurozone Entered Into Technical Recession At Start Of 2023: Report
The eurozone entered into a technical recession at the start of the year, shrinking by 0.1 percent for a second consecutive quarter, figures from the EU's statistic agency showed Thursday.
-
Risk Of Recession Is High, Says Top EU Official Amid Rising Energy Prices
The threat of recession is rising in Europe, a top EU official warned on Wednesday, as skyrocketing energy prices caused by Russia's invasion of Ukraine punish the economy.
-
EU says euro zone economy to shrink again in 2013
The European Union predicted Friday that the economy of the 17 member countries that use the euro will shrink again in 2013 even though it will see its fortunes improve in the second half of the year.
-
Eurozone avoids recession as Germany powers ahead
Germany prevented the economy of the 17 countries that use the euro from falling into a recession in the first quarter of the year despite a raging debt crisis.
-
Oil prices lower in Asia on weak Europe, China data
Oil prices were lower in Asian trade today, weighed by weak economic data from Europe and China, as well as an increase in US crude stockpiles indicating faltering demand.
-
Asian markets ease as focus moves to growth, oil prices
Asian shares and the euro fell on Thursday on concerns about global growth driven by higher oil prices and data showing the euro zone may slip into recession.
-
Lack of jobs in Southern Europe frustrates the young
Francesca Esposito, 29 and exquisitely educated, helped win millions of euros in false disability and other lawsuits for her employer, a major Italian state agency. But one day last fall she quit, fed up with how surreal and ultimately sad it is to be young in Italy today.It galled her that even with her competence and fluency in five languag...
