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Eurozone in recession at start of 2023

IndiaTimes Thursday, 8 June 2023
The eurozone entered into a technical recession at the start of the year, shrinking by 0.1 percent for a second consecutive quarter, figures from the EU's statistic agency showed Thursday.Eurostat revised down an earlier forecast that had predicted slight growth, after economic powerhouse Germany said last month it had fallen into recession.
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Video Credit: Oneindia - Published
News video: Eurozone finally slips into recession after Germany as inflation drags GDP growth down|Oneindia News

Eurozone finally slips into recession after Germany as inflation drags GDP growth down|Oneindia News 03:01

The Eurozone, which consists of 20 member states of European Union that have adopted the Euro as their primary currency, has fallen into recession. After defying predictions of recession multiple times, the eurozone economy finally slipped into a technical recession in the first quarter of 2023, new...

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