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 ...

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 ...

The 15 countries sharing the euro are teetering on the brink of recession but should just escape the worst, the European Commission said on Wednesday, slashing its economic forecasts for this year.

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 ...

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 latest economic data for the European Union, released on December 6, confirms that the region has officially entered a “double-dip” recession. Over the year to September, Gross Domestic Product ...

BRUSSELS (Reuters) - Tensions over state support for banks surfaced as European Union finance ministers met on Tuesday to discuss how much money governments could mobilise to combat recession.