The European Union’s executive commission slashed its forecast for economic growth next year, saying the 19 countries that use the euro currency will slide into recession over the winter as peak ...

Everybody in Europe is talking about one thing: recession. The threat of an imminent and profound recession is casting a dark shadow over the entire continent, with Russia's war in Ukraine and the ...

MILAN (Reuters) -Banks across the European Union are strong enough to weather an economic shock driven by geopolitical and trade tensions, the European Banking Authority said on Friday as it presented ...

Trump’s tariff threats—potentially up to 30% on E.U. imports—may tip Europe into recession by late 2025, some analysts say. European exporters are heavily reliant on the U.S. market, especially in ...

The “sizeable” chance of a recession in the European Union poses a greater risk to the Chinese economy than the ongoing US-China trade war, according to noted economist Mohamed El-Erian. The EU is ...

FRANKFURT, Germany (AP) — Suddenly staring recession in the face, European leaders are lining up an array of tax breaks, financial support for companies and likely central bank measures in the hope of ...

A more positive picture of the EU economy has been predicted: it is to avoid recession with lower inflation and higher growth than had been forecast. The bloc will now avoid a technical recession, the ...

The European economy looks set for a further downturn as Germany, Spain and the UK are expected to fall into recession, according to Commission estimates presented yesterday (10 September). The news ...

BRUSSELS, Nov 03, 2008 (AFP) - The global financial crisis is pushing the whole European Union into recession, official forecasts said Monday as South Korea unveiled its own 8.5 billion dollar ...

Europe’s economy on brink of recession Europe appears on the brink of recession, with Germany, Italy and the Netherlands reporting that their economies unexpectedly contracted in the first quarter of ...