The eurozone will likely fall into recession in the second half of the year, economists have warned, as figures showed the bloc’s economy grew barely at all in the second quarter of the year.
FRANKFURT ― Not so long ago, Germany was Europe's powerhouse: wealthy, booming, politically strong. But the mighty have fallen. And it's not hard to see why this is giving the rest of the eurozone a ...
Euro zone manufacturing activity remained mired in a deep and broad-based downturn last month, according to a survey which showed on Monday that demand kept shrinking at a pace rarely surpassed since ...
Falling prices for dairy and vegetables help a surprise fall in UK August inflation Germany in technical recession, Eurozone expects zero growth Monday, May 29th 2023 - 20:31 UTC ...
Eurozone interest rates have been hiked to a record high by the European Central Bank (ECB). The bank raised its key rate for ...
Echoes from the past are resounding in the present. Global trade, the powerhouse of the world’s economy, is experiencing its ...
The pound fell to a near seven-month low against the dollar yesterday as weak manufacturing data added to recession fears. Sterling shed around a cent versus the greenback, dropping close to $1.21, as ...
The main cause of the first decline in the bloc’s money supply in 13 years was a drop in the annual growth of lending to the ...
Diccon Hyatt is an experienced financial and economics reporter who has covered the pandemic-era economy in hundreds of stories over the past two years. He's written hundreds of stories breaking ...
The UK’s service sector fell into contraction for the first time since January, compounding recession fears The UK’s all-important service sector fell into contraction in August, the first ...
EXCLUSIVE: The economy has been growing but has contracted in the most recent figures raising fears the UK could fall into ...