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The troubles facing the German economy are captured by the crisis at the country’s largest manufacturer, which could close factories in its home country for the first time in its 87-year history ...
Europe’s economy stagnated at the end of last year as its former growth engine, Germany, finished a second straight year of shrinking output. Gross domestic product in the 20-country eurozone ...
A survey of 3,500 people across seven European countries shows historically high inflation, rising interest rates, and the energy crisis have led to a massive drop off in the amount of money ...
The German economic crisis is a significant downturn of Germany's economy that marked a dramatic reversal of its previous "labour market miracle" period of 2005–2019. The country, which had been considered to be Europe's economic powerhouse in prior decades, became the worst-performing major economy globally in 2023 with a 0.3% contraction, followed by minimal growth in 2024 leaning on ...
The euro area crisis, often also referred to as the eurozone crisis, European debt crisis, or European sovereign debt crisis, was a multi-year debt and financial crisis that took place in the European Union (EU) from 2009 until the mid to late 2010s.
2008–2010 automotive industry crisis; Global catastrophic risk; Social situation in the French suburbs; Causes of the Great Recession; Great Recession in Europe; 2010 European sovereign debt crisis timeline; 2008 financial crisis; Russia–Ukraine gas disputes; Fuel protests in the United Kingdom; 2008 European Union stimulus plan; 2020s in ...
A study suggests that structural humanitarian, economic, and financial impacts of the war will include a) the EU getting "more serious about defence" b) that the green transition accelerates c) unwinding of broader Eurasian economic integration d) EU accession prospects for countries in Southeast Europe may improve. [262]
The current map of EU growth is one of huge regional variation, with the larger economies suffering from stagnant growth and most of the newer states enjoying sustained, robust economic growth. The European Union's financial system is characterized by a large banking sector, with bank assets comprising 300% of GDP, compared to 85% in the United ...