S&P: recession is expected in the Euro zone
This year, recession is expected in the Euro zone and it is not granted that economic growth will occur the next year – Standard & Poor's announced on Wednesday in London in its comprehensive analysis.
According to the 12-page review compiled by the analysts of Standard & Poor's, the euro zone’s debt crisis caused a serious and widespread deterioration in the EU Member States since 2008. The new projection of the S&P analysts expects a 0.8 percent economic downturn for this year. (Világgazdaság Online, MTI)
Related news
More related news >
Related news
In June, the annual decline in producer prices slowed down in Germany
In Germany, producer prices fell by 1.6 percent year-on-year in…
Read more >Rural accommodations closed a stronger half year than last year
The momentum of tourism in 2023 will continue to make…
Read more >Munch is now available in every Auchan store
From the beginning of May you can get the three…
Read more >