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Posts related to ‘eurozone recession’

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Germany Pulled into EU Economic Whirpool

Posted: April 16, 2013 at 7:10 am

Bad economic news has spread from troubled European Union nations to Germany. The ZEW Indicator of Economic Sentiment for Germany for April showed: In April 2013 the ZEW Indicator of ...
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Hopes Dwindle for Eurozone Economic Recovery

Posted: March 26, 2013 at 7:00 am

Standard & Poor's has put another nail in the coffin of the prospects of a recovery of the eurozone. The rating agency says it expects the region's gross domestic product ...
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Germany

Eurozone Falls Further into Recession in February

Posted: March 5, 2013 at 7:00 am

The manufacturing sector of the eurozone could not be saved by the region's largest nation by gross domestic product -- Germany. Research firm Markit reports that the balance of the ...
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Eurozone Faces Persistent Economic Contraction

Posted: February 14, 2013 at 7:00 am

As if the news of economic contraction in Japan, Germany and France in the fourth quarter of last year was not bad enough, new data from Eurostat shows the euro area ...
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Eurozone Jobs Numbers Continue to Deteriorate

Posted: January 8, 2013 at 6:52 am

The jobs numbers coming out of the eurozone continue to be relentlessly worse by the month, and there is not one sign of a turnaround. Eurostat released data for the euro ...
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Eurozone Manufacturing Sector Ends Year in Steep Downturn

Posted: January 2, 2013 at 7:00 am

Markit issued its year-end eurozone PMI data. The summary of the report: Data collected 5–14 December. • Final Eurozone Manufacturing PMI at 46.1 in December (flash estimate 46.3) • Downturn remains widespread, ...
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Economic Gloom in the Eurozone Spreads

Posted: October 24, 2012 at 5:18 am

In October, Markit's Composite Purchasing Managers' Index (PMI) fell to 45.8 from a September reading of 46.1. That is, businesses in the eurozone saw their worst month since the 17-nation ...
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Eurozone Economists Cut Growth Forecasts

Posted: October 5, 2012 at 12:42 pm

Three of Europe’s leading economic institutes today lowered their economic growth forecasts for the eurozone. Germany’s Ifo Institute, France’s Insee, and Italy’s Istat all predict now that the single currency ...
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S&P Sees Eurozone Recession Continuing

Posted: September 25, 2012 at 9:06 am

The contracting eurozone economy is getting worse, according to a report today from Standard & Poor’s. Here’s the general point: Recent economic indicators continue to paint a bleak picture for ...
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Developed Economies Will Continue Decline — OECD

Posted: September 13, 2012 at 8:56 am

The Organization for Economic Cooperation and Development (OECD) said this morning that the most of the world’s major economies will continue to slow down in the next several months. The ...
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Economic Activity Across the Eurozone Contracts in August

Posted: September 5, 2012 at 6:46 am

Research firm Markit put out its final PMI data for August. Among the eurozone nations, the figures were worse than flash data given earlier. Both the preliminary and final data show a picture of ...
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Eurozone Economy Contracts in March

Posted: April 4, 2012 at 7:38 am

Research firm Markit Economics has released its composite PMI report for March, showing that the Eurozone economy continues to contract if at a slightly slower rate. The composite (manufacturing plus ...
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Europe, Particularly Germany, Recovers

Posted: January 24, 2012 at 6:41 am

In the shadow of deep concerns about the viability of the sovereign debt of some of the eurozone’s weakest nations, the economies of several countries in the region showed progress this month. Even ...
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