Tag: recession
Another sharp drop in Europe, fear of recession dominates – 09/23/2022 at 18:25
A man walks past the Bourse street sign, near the Palais Brogniard, in Paris. PARIS (Reuters) – European stock markets ended sharply lower again on Friday and Wall Street lost…
Industry expert Dudenhöffer warns of auto recession: “We are falling into a new crisis”
New car registrations on course for growth Industry expert Dudenhöffer warns of car recession in Europe: “We are falling into a new crisis” Prof. Ferdinand Dudenhöffer at the Geneva Motor…
Bundesbank expects recession – economy
According to estimates by the Bundesbank, the German economy is heading for a prolonged slump – well into the coming year. “There are increasing signs of a recession in the…
Ifo economic forecast: “We are going into a winter recession”
Status: 09/12/2022 1:34 p.m The Ifo Institute has drastically lowered its economic forecast for this year and next. The researchers warn that Germany will slip into a winter recession. Meanwhile,…
Germany risks entering recession in 2023
“We are sliding into a winter recession”. Germany’s Gross Domestic Product (GDP) is set to shrink by 0.3% in 2023 due to massive inflation and the lack of Russian gas,…
Inflation causes the German economy to crash
Researchers warn that the economy will shrink in 2023 – and that consumer prices will rise by more than ten percent in some cases. However, there is also hope in…
Fear of recession fueled: High energy prices are depressing production
Status: 07.09.2022 10:38 a.m German companies reduced their production in July. Energy-intensive industries in particular have shut down their production. Experts are skeptical about the future. German companies scaled back…
OPEC+ cuts oil output amid recession fears
The OPEC + countries decided on Monday to cut production to support prices in the face of fears of recession, a first for more than a year and the drastic…
Sebastian Dullien: “We are heading for a recession”
interview relief package Economic expert on the energy crisis and recession: “We have at least two hard winters ahead of us” Sebastian Dullien is Director of the Institute for Macroeconomics…
German economy: is the recession coming now?
analysis Status: 06.09.2022 08:31 a.m According to many economists, the German economy is on the verge of a recession – with drastic consequences. What such a downturn would mean and…