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Europe Recession

Will Russia Sanctions Push Europe Back into Recession?

Mohamed A. El-Erian | Posted 12.18.2014 | World
Mohamed A. El-Erian

Around 40 percent of Russia's trade is with Western Europe. Even if Russia fails to retaliate by itself imposing counter-sanctions -- an unrealistic assumption -- its weaker economy would quickly translate into lower sales by Western European companies to the world's eighth largest economy, as well as less certain input supplies from there.

Recession AGAIN?!

Reuters | Posted 01.14.2013 | Business

* Euro zone GDP falls 0.1 pct in third quarter * France, Germany rise 0.2 but Netherlands, Spain, Italy fall * Belgium ...

'A New Recession'

Reuters | Posted 11.30.2012 | Business

By Jonathan Cable LONDON, Oct 1 (Reuters) - Euro zone manufacturing put in its worst performance in the three months to September sinc...

Not Even Germany Can Escape The Debt Crisis

Reuters | Posted 11.04.2012 | Business

LONDON, Sept 5 (Reuters) - The euro zone is likely to have slipped back into recession in the current quarter, according to a survey published on We...

The Jamaicanization of Europe

Mark Weisbrot | Posted 07.29.2012 | World
Mark Weisbrot

Jamaica may seem worlds away from Eurozone countries, which are three or four times richer. But they face a common problem, and they could easily mimic the dismal economic performance that Jamaica has seen over the past 20 years.

How Europe's Double Dip Could Become America's

Robert Reich | Posted 06.25.2012 | Business
Robert Reich

What's the problem with Europe? Don't blame it on the so-called "debt crisis." There was no debt crisis in Britain, for example, which is now experiencing its first double-dip recession since the 1970s. Blame it on austerity economics.

The Humiliating Cost of Progress in Greece

Thanos Dimadis | Posted 05.08.2012 | World
Thanos Dimadis

The Greek people should be afforded the security of knowing whether their country is on a steady path towards economic recovery. Nevertheless, no one is able to assure Greeks the crisis is averted.

Peter S. Goodman

Austerity Reigns At Davos

HuffingtonPost.com | Peter S. Goodman | Posted 01.27.2012 | Business

DAVOS, Switzerland -- As much of the globe grapples with lean economic prospects, and as Europe in particular sinks toward a recession that could spre...

Analysis: Region Formerly Gorged On Debt Adjusting To Great Stagnation

Posted 12.22.2011 | Business

LONDON (Reuters) - With governments laboring under too much debt and banks hobbled by too little capital, 2012 is shaping up as another year of hard s...

The European Debt Crisis: A Beginner's Guide

The Huffington Post | Alexander Eichler | Posted 12.27.2011 | Business

The European sovereign debt crisis! It -- wait, come back. This is interesting, we promise. The debt crisis is one of the biggest stories of the year,...

OECD: Europe Headed Toward Sharp Economic Slowdown

Posted 12.31.2011 | Business

The euro area is headed toward a sharp economic slowdown in 2012, with some countries set for negative growth, and failure to restore confidence in ba...

A Simple Solution for Europe

Patrick Takahashi | Posted 12.20.2011 | World
Patrick Takahashi

While the EU will not disintegrate like the Soviet Union, all is not well and it's getting worse.

Germany, France Unexpectedly Return To Growth, Signaling End Of Europe's Recession

Bloomberg.com | Posted 05.25.2011 | Business

The euro-region economy barely contracted in the second quarter as Germany and France unexpectedly returned to growth, suggesting Europe's worst reces...

European Economy To Shrink 4 Percent This Year, Predicts European Commission

BBC NEWS | Posted 05.25.2011 | World

EU economies will contract by 4% this year, the European Commission has forecast, in a massive revision from its earlier prediction....

The Bailout Bill Passes Congress, President Signs the Legislation, and the World Is Saved. Not.

Patrick Takahashi | Posted 05.25.2011 | Green
Patrick Takahashi

We saw it when Reagan became president in the early '80s and a decade ago when the price of oil (in real dollars) hit an all-time low. Here we go, back to the past again. That's why it's ominous.