The eurozone avoided a recession at the end of last year, but sluggish performances from the bloc’s largest economies ensured that growth remained elusive. Official figures confirmed today that ...
The pound has fallen to its lowest level since April after an influential survey warned that Britain is at risk of an industrial recession. Sterling slumped 1pc against the US dollar to less than ...
Eurozone banks have increasingly tightened their lending standards for businesses in the final quarter of 2024, and they ...
Business activity in the eurozone bounced back in January after a two-month contraction, as the pace of decline eased in the manufacturing sector, a closely watched survey showed Friday.
With the economy shrinking by 0.1% in the second quarter, economists believe the third quarter will see a similar downturn, confirming a technical recession. De la Rubia forecasted a 0.2% ...
The eurozone industry's PMI index remained in the recession zone in December 2024, reaching 45.1 points. Production and orders declined at an accelerated pace, although business forecasts for the ...
The eurozone's largest economy, Germany, booked a second straight year of contraction in 2024, figures showed last week, while its second-largest, France, likely recorded anemic growth in the year's ...
Kenningham expects Eurozone GDP to be revised down to 0.0% in the first quarter from 0.1%, meaning that the bloc will avoid a technical recession by the slimmest of margins. The Eurozone is also ...
Manufacturing PMI drops further to 44.8, highlighting continued struggles in eurozone industrial activity. Services PMI drops to 50.5. Germany’s economic contraction worsens, while France ...
Here’s a look at the eurozone. Twenty countries in the European Union use the euro as their currency, and comprise the eurozone. Facts The countries in the eurozone are: Austria, Belgium, Croatia, ...
Fresh slump in France and Germany This has increased the chance of Britain following the eurozone into an industrial recession, which deepened in December following a fresh slump in France and ...