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Eurozone officially in recession

THE eurozone economy was now in recession and would remain at a standstill for most of next year, the European Commission said......»»

Category: videoSource: theaustralianApr 27th, 2018

The eurozone economy shrank by less than expected in the final quarter of 2020 - but analysts say the slow rollout of vaccines will limit the recovery

The eurozone economy shrank 0.7% in the final three months of the year. But the slow rollout of coronavirus vaccines is worrying economists. Germany's e.....»»

Category: worldSource: nytFeb 2nd, 2021

Germany slips into recession as coronavirus hits — its sharpest decline since the global financial crisis

Associated Press The German economy plunged into recession as the country's federal statistics authority released grim data showing a contraction of 2.2% on Friday. The economy's decline reflects its biggest quarterly .....»»

Category: topSource: businessinsiderMay 15th, 2020

Germany in recession as economy shrinks 2.2% in 1st quarter

Europe's biggest economy went into recession following a small dip at the end of last year.....»»

Category: topSource: foxnewsMay 15th, 2020

Germany Dumps Into Recession As GDP Drops 2.2%

Germany’s Federal Statistical Office (Destatis) announced that first-quarter GDP dropped 2.2% as its economy plunged into recession. Notably, COVID-19 could only have affected the latter part........»»

Category: blogSource: 247wallstMay 15th, 2020

German GDP shrinks 2.2% in first quarter as eurozone"s top economy enters recession

The German economy contracted by 2.2% in the first quarter, the worst period in 11 years, the Fede.....»»

Category: topSource: marketwatchMay 15th, 2020

The horrendous impact of coronavirus on Europe"s economy is growing clearer as GDP shrinks 3.8%, and Germany, France, and Spain report catastrophic data

REUTERS/John Kolesidis The eurozone economy contracted by 3.8% in the first quarter of 2020, according to preliminary estimates from Eurostat. The EU as a whole lost 3.5% of GDP, the data showed. France and Spain's economies.....»»

Category: topSource: businessinsiderApr 30th, 2020

Germany and China Both Flirt With Recession

A global recession already has started to spread. It seems less and less likely that the American economy can dodge the carnage......»»

Category: blogSource: 247wallstFeb 14th, 2020

Germany Avoids Technical Recession, Eurozone GDP Projected To Rise 0.5% In 2020

Germany has narrowly avoided a recession, with the latest fig.....»»

Category: blogSource: benzingaNov 14th, 2019

World stocks sink as China slowdown deepens, German economy weak

World stocks nudged down on Thursday as Chinese economic data slowed in October and Germany only narrowly avoided a recession in the third quarter, adding to worries about the global growth fallout from the U.S.-China trade war......»»

Category: topSource: reutersNov 14th, 2019

Germany escapes recession in Q3 (just)

Germany - Europe's largest economy - narrowly avoided an expected slip into recession in the third quarter. David Pollard reports......»»

Category: videoSource: reutersNov 14th, 2019

Stocks dip as China slowdown deepens, German economy weak

World stocks nudged down on Thursday as Chinese economic data slowed in October and Germany only narrowly avoided a recession in the third quarter, adding to worries about the global growth fallout from the U.S.-China trade war......»»

Category: topSource: reutersNov 14th, 2019

Germany just narrowly avoided recession — but a downturn "is more likely than not" in 2020

Reuters Germany's economy narrowly avoided recession in the third quarte.....»»

Category: topSource: businessinsiderNov 14th, 2019

Germany posted a surprise rebound in manufacturing — the "deep recession in German industry may be bottoming out"

Adam Berry/Getty Images Germany's economy has been stalling since the summer, but on Wednesday data .....»»

Category: topSource: businessinsiderNov 6th, 2019

Eurozone Flash PMIs - Germany On Cusp Of Recession, France Doing Well

Eurozone Flash PMIs - Germany On Cusp Of Recession, France Doing Well.....»»

Category: topSource: seekingalphaOct 25th, 2019

Germany becomes the "sick man" of Europe

Germany's economy is teetering on the brink of recession......»»

Category: topSource: foxnewsOct 5th, 2019

Eurozone PMI Drops to Near Recession Level

Here is another sign of how close Europe's overall economy is to contraction and how perilous the global expansion is going into the end of 2019......»»

Category: blogSource: 247wallstSep 23rd, 2019

Eurozone PMI Drops To Near Recession Level

Markit’s Eurozone PMI dropped to near recession levels for September. It is another sign of how close Europes’ overall economy is to contraction, and how perilous the global expansion is........»»

Category: blogSource: 247wallstSep 23rd, 2019

OECD Slashes Global Growth Outlook, Warns Germany Already In Recession

OECD Slashes Global Growth Outlook, Warns Germany Already In Recession In one of the most downbeat forecasts on the global economy that we've seen so far this year, the Paris-based organ.....»»

Category: blogSource: zerohedgeSep 20th, 2019

Why Germany May Need to Fight Recession With Spending

Germany is the economic engine of Europe -- and it’s running on fumes. After a decade of near-constant expansion, the economy is flirting with recession. Germany’s export-dependent companies are deeply exposed to fallout from rumbling trade di.....»»

Category: topSource: washpostSep 18th, 2019