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Is europe already in recession
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TOPIC: Is europe already in recession

Is europe already in recession 5 years, 1 month ago #639

  • poojad
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With greece already reeling in debt, and other countries following the suit....is europe in recession

Re: Is europe already in recession 5 years, 1 month ago #641

  • Kartik
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US and europe, both of then are in turmoil...a series of sovereign credit downgrades has hit many developed countries: the US lost its triple-A credit rating for the first time in its history, Italy and Spain experienced several downgrades, and France's triple-A rating is under threat..., unemployment is on the rise throughout advanced economies, with the UK reaching its highest unemployment level for 17 years.

Re: Is europe already in recession 5 years, 1 month ago #643

European Union members have agreed in its Summit to raise the eurozone bailout fund to about Euro 1 trillion and are also going to recapitalize banks... this will have positive effect in the euro zone area and also help in preventing recession.
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