Recession Returns To Ratchet Up Euro Misery

If you thought today looked bad, tomorrow looks worse. Amid all its other woes, the eurozone is now in recession, or that’s what most experts predict will emerge from tomorrow’s official figures. GDP is contracting, a fact that will serve to highlight the eurozone’s haves (Germany) and its have-nots (Greece, Portugal, Spain, Italy and Ireland).

Topics:  greece   portugal   spain   italy   ireland     italian   germany   recession   euro   pulling   today   tomorrow   
BING NEWS:
  • German recession fears mount as exports plunge
    Exports slumped by 5.8 percent, the biggest drop since January 2009, in the latest sign that Europe's largest economy is faltering amid broader euro zone weakness and ... states such as France and Italy to ratchet up public investment instead of ...
    10/7/2012 - 1:00 pm | View Link
  • It's Official: U.K. Back in Recession
    Households responded by reducing their outlays. However, households look unlikely to ratchet up spending substantially while consumer confidence remains so shaky. Survey figures from GfK NOP show sentiment is gloomier than a year ago and far below its long ...
    06/27/2012 - 1:00 pm | View Link
  • Recession returns to ratchet up euro misery
    GDP is contracting, a fact that will serve to highlight the eurozone’s haves (Germany) and its have-nots (Greece, Portugal, Spain, Italy and Ireland). The single currency is pulling apart economically. It is pulling apart financially – Italian and ...
    05/13/2012 - 1:00 pm | View Link
  • German recession fears mount as exports plunge
    Exports slumped by 5.8 percent, the biggest drop since January 2009, in the latest sign that Europe's largest economy is faltering amid broader euro zone weakness and ... states such as France and Italy to ratchet up public investment instead of ...
    03/7/2012 - 11:00 am | View Link
  • Rates on hold as figures show Britain is close to escaping clutches of recession
    We are not out of the woods yet.' Sterling rallied to its highest level against the dollar in seven months in the wake of the numbers, trading at $1.66. It later fell back sharply to trade at $1.64 and eased to 86.36p against the euro.
    06/3/2009 - 8:55 pm | View Link
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