EU Financial Crisis
1 year ago
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The official data shows the eurozone entered into a technical recession at the start of the year. Figures published by the EUs statistic agency show the economy of the monetary union of 20 EU countries shrank point-one percent for a second consecutive quarter. Inflation is pressuring the nations that had adopted the euro as their common currency. There are concerns about sluggish business and eroding consumer confidence in the region.
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