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recession

Germany’s GDP shrinks by 0.3% in Q1 to put Europe’s biggest economy into recession

The German economy contracted in the first quarter of 2023 compared with the previous three months, thereby entering a recession, data from the statistics...

EU foresees economy improving, but inflation still painful

The European Union’s executive branch has raised its economic growth forecast for the year, saying Europe will narrowly avoid a recession and has already...

European shares rise in first trading session of 2023

European shares rose in the first trading session of 2023 on Monday after a rough year marred with fears of a recession as central...

Euro zone inflation soars to new record as economic growth fades

Euro zone inflation surged to a fresh all-time high, while the bloc’s economy lost momentum, reinforcing fears that a recession is now all but...

Switzerland could fall into recession

The President of the Swiss Bank is expecting a weak economic growth Swiss economy could record one or two quarters of contraction, in the context...
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