Timothy Sumer

Europe's economy entered a technical recession after the eurozone endured two consecutive quarters of decline. READ MORE : Subscribe to our channel: Watch our LIVE here: Subscribe to our thematic channels: NoComment: Euronews Green: Euronews Next: Euronews Travel: Euronews is available on YouTube in 12 languages: #World... ( read more ) BREAKING: Recession News LEARN MORE ABOUT: Bank Failures REVEALED: Best Investment During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing Europe's Economy Enters Technical Recession as Households Struggle with Cost-of-Living Crisis Europe, once seen as a stronghold of economic stability, is facing a significant downturn as its economy slips into a technical recession. A combination of various factors, including the cost-of-living crisis, has contributed to this worrisome situation. The cost of living in Europe has been steadily increasing over the past few years, putting immense pressure on ho

The figures were a blow to the German government, which last month boldly doubled its growth forecast for this year after a feared winter energy crunch failed to materialise. READ MORE : Subscribe to our channel: Watch our LIVE here: Subscribe to our thematic channels: NoComment: Euronews Green: Euronews Next: Euronews Travel: Euronews is available on YouTube in 12 languages: #World... ( read more ) BREAKING: Recession News LEARN MORE ABOUT: Bank Failures REVEALED: Best Investment During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing The Statistics Office of Germany has recently announced that the country has slipped into a recession after its economy contracted by 0.3% in the first quarter of this year. This marks the first time in seven years that Germany has faced a recession, and it underscores the economic challenges that the country is currently facing. A recession is often defined as two consecutive quarters of negative economi