Eurozone slides into recession following downward revisions to growth in Germany and Ireland | Get the latest news updates on WION

by | Oct 10, 2023 | Recession News | 20 comments

Eurozone slides into recession following downward revisions to growth in Germany and Ireland | Get the latest news updates on WION




The eurozone entered a technical recession in the first three months of 2023 as soaring energy prices and rising interest rates drove inflation higher. The eurozone is made up of 20 member countries of the European Union (EU) that have adopted the euro (€) as their primary currency and sole legal tender.

#euro #eu #latestnews

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20 Comments

  1. Zersky

    Hope more European US vassals join suit

  2. irish1

    Not exactly true Ireland Is actually doing well

  3. Brendan O Connor

    Ireland is not in recession, lowest unemployment ever, along with the biggest tax take in history. Sure, we do have serious issues such as housing, among other's.

  4. Umar John

    On the other hand, there are many ways of manipulating the market, I was able to grasp the knowledge of trading crypto assets early enough, but I was still limited due to my lack of technical understanding of how to analyze the digital market, all that changed when I encountered Jim Jockey’s strategy. more emphasis should be put on day trading as it Is less affected by the unpredictable nature of the market.

  5. Alex Steven .M

    Recession is often the result of external factors, and it appears that the United States is losing its grip as a federal reserve currency. With a decreasing ability to control inflation and a reduction in stocks and oil trading, it seems that a new multilateral world order is on the horizon.

  6. Mihlayonke

    I thought only Russia was supposed to enter recession, what happened?

  7. yitzhak rabin

    As much as we like to say we do not need Russia their are sections of the global economy where Russia is needed and rhis is shown in the global cost of living crisis.

  8. Green Knight

    Ireland is not in recession . Our economy is booming. This channel is a joke.

  9. Schrödinger's Cat Playing With A Tesseract.

    Well its hasnt really begun yet.

    We will see how hard it hits in about 6 months or so. Near worldwide recession here we come.

    It will seperate wannabes from the truly wealthy.

  10. King Arthur

    MINT
    .25 EURO IN PURE SILVER

  11. patrick formert

    Even the Euro is going to go down because Europe like to use sanctions on African countries

  12. Violent Cabbage

    Those sanctions are working, just not on Russia

  13. Janoip

    For Germany, we like most experts predicted that and wont last for that long, exports to us and china dropped and higher interest rate slow economys down, because you dont get new cheap cash for investments + because of inflation people buy less= less demand= sells down

    But low demand and higher interest rates help against inflation so its an what do you want more thing, but also a balance act that can go in this and some month in the other direction.

    And if you look at the bond market of German state bonds and germanys credit rating (still the best AAA, Us has AA+) the investors and global market dont see long term problems that much, or you would see more chaos and bonds dropping hard

  14. sandy james nani

    Im already told na
    This wion is too hard ,

  15. Linkme Forfun

    Russia is winning the ECONOMIC WAR waged by the Western Colonialists. The colonialists' sanctions against Russia have boomeranged.

  16. RAPLINESpilipinas

    even not expert can predict this would happen.

    those youtubers told you from the start. and it's NOW HAPPENING.

    Europe need to change their expert.

  17. k

    but they have money to send weapons? they wont give food, medicine, water and shelter to their own citizens ….hypocrisy

  18. Cogar Laments

    All done by our own Governments

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The current U.S. national debt:
$35,866,603,223,541

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