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Plunging PMIs fuel recession fears

Private sector business activity shrank in the euro zone for the first time in two years last month as new orders dried up, stoking fears that the economy could be heading back into recession, surveys showed. ||| Private sector business activity shrank in the euro zone for the first time in two years last month as new orders dried up, stoking fears that the economy could be heading back into recession, surveys showed on Wednesday.
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Recession-hit euro zone has turned a corner - PMIs ......as more companies file for bankruptcy and Spain's Unemployment increases to it's Highest Levels since the 70's

News : The Coming Crisis (last year)

The euro zone economy took a step closer to recovery this month as the rate of decline in the bloc's private sector eased more than expected, a business survey showed on Thursday.The survey published by Markit supports European Cent... Read Post

Euro zone fears recession as factory activity dries up

News : The Coming Crisis (2 years ago)

(Reuters) - The euro zone's manufacturing sector contracted for the seventh straight month in February, with factories in the bloc's struggling indebted states facing some of the toughest conditions on record, a business survey show... Read Post

Cyprus?.....What about France?: Recession stalks France as business slump hits crisis levels

News : The Coming Crisis (last year)

French business activity shrank in March at the fastest pace in four years, defying expectations for an improvement and probably plunging the euro zone's second-biggest economy into a recession, a survey showed on Thursday.Data comp... Read Post


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