European Union’s Worst Nightmare Comes True: Recession is Here | Europe Energy Crisis November 13, 2022 Unipro2013main European News, News, World Economy </p> <h2>Officially entered two-quarters of Contraction</h2> <p> The signs are quite telling. Europe has officially entered two-quarters of contraction. That means a minimum of six more months of the economy continuing its free fall. To make matters worse, the European Commission believes that inflation hasn’t peaked yet. Mind you, inflation in the eurozone has already reached a record high of 10.7% in October, according to Eurostat’s data of last month. Watch to know more.<br /> <br /> Credit to : Firstpost</p> <p> Please support our Sponsors here :
