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

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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

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

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

Also Bloomberg is trash

this post was submitted on 12 Dec 2023

16 points (76.7% liked)

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