Today news
About the same in other media
Eurozone Economy Seen Contracting as ECB Raises Borrowing Costs
Reading now: 994
The eurozone economy has likely contracted in July, business surveys showed, raising the likelihood that it will slide into recession just as the European Central Bank announced its first rate rise in more than a decade.
Released Friday, the business surveys recorded clearer signs of a slowdown in the global economy as rising prices and higher interest rates crimp consumer demand. Weakening new orders also point to a further cooling in the months ahead.
Read more on wsj.comAbout this in other media
Eurozone inflation hits record high of 8.9% as energy prices soar theguardian.com /2 years ago
Bitcoin holds $24K as US dollar taps 3-week lows on Eurozone inflation report cointelegraph.com /2 years ago
Eurozone Recovery Picks Up Speed but Ukraine War Threatens Deep Contractions wsj.com /2 years ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
