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Europe gloomy outlook
December 12th, 2022 - 04:17 GMT

Stagflation to hit Europe in 2023, says Deutsche Bank

In 2022, despite the war in Ukraine, growth in Europe responded well, but the outlook is decidedly gloomier. This is what Deutsche Bank writes in its latest report focusing on Europe, in which it warns of a "double-dip recession" in 2023, that "has likely begun in Q4'22." By a double recession, or double-dip recession, the German bank means a contraction in which the euro area briefly emerges from the recession ...
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