Euro Area to Suffer First Recession Since Pandemic, Survey Shows
Euro Area to Suffer First Recession Since Pandemic, Survey Shows
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 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
Wrong, its the same fucking recession just made worse by some assholes
Also Bloomberg is trash