The euro area’s economy has now registered two consecutive quarters of contraction, the outlet says The 20-nation euro currency bloc will slip into its first recession since the pandemic in the final months of the year, after recording two consecutive quarters of negative economic growth, a Bloomberg poll of analysts revealed on Monday. Gross domestic product (GDP) in the Eurozone shrank by 0.1% between September and December, compared to the previous forecast of a flat performance, with economists expecting a moderate recovery next year. “We doubt that we're at the start of an upswing,” said Joerg Angele, an econ
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