Euro zone saw winter recession, more challenges ahead

BRUSSELS  -The euro zone economy fell into a technical recession in the first three months of 2023, data from statistics agency Eurostat showed on Thursday as signs emerge that central bank rate hikes will crimp the region’s future growth prospects. Gross domestic product (GDP) for the 20-country euro zone fell by 0.1 percent in the … Continue reading Euro zone saw winter recession, more challenges ahead