A strong export performance from Germany helped the economy of the 17 countries that use the euro narrowly avoid a recession in the first three months of the year, official figures showed Tuesday.
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A strong export performance from Germany helped the economy of the 17 countries that use the euro narrowly avoid a recession in the first three months of the year, official figures showed Tuesday.
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Investors showed a healthy appetite for Spanish debt but demanded a higher premium in an auction that was a key test of confidence in the government’s ability to get a handle on its debts as its economy enters a recession.
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pa href=”http://news.yahoo.com/boes-weale-says-economy-likely-grew-q1-091103300.html”img src=”http://l.yimg.com/bt/api/res/1.2/M58G17Xodx8v360Y6nVXsg–/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2012-03-23T091103Z_1_CBRE82M0PIQ00_RTROPTP_2_BRITAIN-BOE-RATES.JPG” width=”130″ height=”86″ alt=”A double decker bus is reflected in a puddle after a rain shower outside the Bank of England in the City of London” align=”left” title=”A double decker bus is reflected in a puddle after a rain shower outside the Bank of England in the City of London” border=”0″ //aLONDON...
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DUBLIN (Reuters) – Economists are increasingly confident that Ireland will avoid falling back into recession when quarterly growth figures are released later this month, but the economy faces growing pressure from weak domestic demand, a poll showed on Tuesday. Irish Gross Domestic Product (GDP) contracted by 1.9 percent in the three months to September...
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Reuters – Confidence in the euro zone’s economy rose for a second consecutive month in February, a survey showed on Tuesday, confirming a wider stabilization across Europe that policymakers hope signals only a mild recession this year.
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Reuters – The number of Americans filing new claims for jobless benefits last week held at the lowest level since the early days of the 2007-2009 recession, signaling that the battered labor market is healing.
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Reuters – The number of Americans filing new claims for jobless benefits last week held at the lowest level since the early days of the 2007-2009 recession, signaling that the battered labor market is healing.
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Reuters – The euro zone’s economy is heading into its second recession in just three years, while the wider EU will stagnate, the EU’s executive said on Thursday, warning that the area has yet to break its vicious cycle of debt.
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AP – More people opened new credit card accounts last year, as the banking industry began to loosen standards it tightened during the recession.
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Reuters – In mid-2011, with the U.S. economy at risk of a new recession, top Federal Reserve officials began to explore a different way to shore up the recovery: looking for fixes for the battered housing market.
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AP – Official figures show that the 17-nation eurozone economy contracted by 0.3 percent in the final three months of 2011 as many countries slipped back into recession.
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Reuters – A few months ago economists were all but certain the U.S. economy would slow sharply at the start of this year, with many warning that recession risks were growing.
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