A downturn is likely next year, according to a survey of economists The risk of a Eurozone recession has reached the highest level since November 2020, economists told Bloomberg, citing energy shortages that threaten to push the record inflation even higher. The report published on Monday shows that the probability of output shrinking for two straight quarters has risen to 60%, from 45% in a previous survey, and up from 20% before the start of the conflict in Ukraine and the introduction of Western sanctions on Russia. The bloc’s largest economy, Germany, one of the EU states most exposed to cutbacks in the suppl
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