Europe's economy defies difficult forecasts, still, faces new challenges

Europe's economy in flux: Companies cut jobs as inflation and trade friction with China bites

Germany teeters on the brink: Recession looms as Europe's economic engine sputters

A roundup of the latest economic data points to robust US economic health but a struggling euro zone. That highlights the differing economic paths and risks to the region from the war on the edge of Europe.

Data highlight robust US economy

In the Euro zone, the economy is flirting with recession. While economic activity marginally improved in November, consumers are cutting down on spending. this could eventually lead to the economy contracting in the coming weeks.

Economy on track to contract in October-December quarter | World Business Watch

The European Commission’s Vice President for the economy Valdis Dombrovskis said that Europe’s economy is likely to rally in the second quarter as an acceleration in Coronavirus vaccine roll-out allows governments to gradually lift lockdown restrictions.

World Business Watch: EU economy to rally in second-quarter as vaccine roll-out accelerates

The wider poll showed after contracting 2.6% this quarter, the economy would grow 1.1% in the first quarter of 2021 compared with 0.8% in the last poll.

Euro zone economy to gain momentum in 2021 on vaccine hopes

Europe could be staring at a major economic crisis. According to a report, the Coronavirus outbreak could lead to a decade of stagnation for Europe. WION's Executive Editor Palki Sharma Upadhyay has more.

Gravitas: Wuhan Coronavirus: Europe's economy struggles

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