We now have conclusive proof that Europe is in an economic slump, and that two of its biggest economies are careering towards recession
|01/14/2019||Posted by BusinessMediaguide.Com under General World News||
- There is now conclusive proof that Europe is in the midst of an economic slump.
- Data released on Monday showed that industrial production throughout the whole of the eurozone dropped sharply, pointing to only a glacial pace of growth in the continent at the end of 2018.
- Two of the continent’s four biggest economies, representing a total GDP of more than $5.5 trillion, are on the brink of recession.
The global economy is fraught with problems at the start of 2019. President Donald Trump’s trade war with China rumbles on; the US government shutdown is now the longest in history and is dragging read more >>>