Europe

106 readers

1 users here now

News/Interesting Stories/Beautiful Pictures from Europe 🇪🇺

(Current banner: Thunder mountain, Germany, 🇩🇪 ) Feel free to post submissions for banner pictures

Rules

(This list is obviously incomplete, but it will get expanded when necessary)

Be nice to each other (e.g. No direct insults against each other);
No racism, antisemitism, dehumanisation of minorities or glorification of National Socialism allowed;
No posts linking to mis-information funded by foreign states or billionaires.

Also check out !yurop@lemm.ee

founded 1 year ago

MODERATORS

poVoq@slrpnk.net

Euro Area to Suffer First Recession Since Pandemic, Survey Shows (www.bloomberg.com)

submitted 11 months ago* (last edited 11 months ago) by Sagan@eslemmy.es to c/europe@feddit.de

1 comments fedilink hide all child comments

The euro zone will succumb to its first recession since the pandemic, with the economy shrinking for a second straight quarter in the final months of the year, according to a Bloomberg poll of analysts.

The 0.1% contraction now predicted between September and December compares with the previous survey’s projection for output to remain unchanged. A mild recovery is seen at the beginning of 2024.

cross-posted from: https://lemmy.ml/post/9216245

archived https://archive.ph/qzYh0

top 1 comments

sorted by: hot top controversial new old

[–] CJOtheReal@ani.social 5 points 11 months ago

Wrong, its the same fucking recession just made worse by some assholes

Also Bloomberg is trash