Monday, March 1News That Matters

Tag: recession

Euro zone in double-dip recession, recovery risks to blueprint back: Reuters poll

Euro zone in double-dip recession, recovery risks to blueprint back: Reuters poll

Latest
© Reuters. FILE PHOTO: Euro money are seen in entrance of displayed flag and blueprint of European Union in this report illustration taken in Zenica By Shrutee Sarkar BENGALURU (Reuters) - The euro zone financial system is in double-dip recession amid lockdown restrictions due to a resurgence in coronavirus circumstances, in keeping with a Reuters poll of economists, who acknowledged the risks to their already frail outlook turned into once skewed extra to the blueprint back. Given delays to the European Union's vaccine roll-out and concerns about restful coronavirus variants supporting present lockdowns, stalled financial task and rising unemployment pose a significant risk to any anticipated recovery. Totally closing month the financial system turned...