Eurozone back in recession

Eurozone back in recession

The eurozone's economy contracted by 0.1% in the third quarter, meaning that the 17-member bloc is back in recession.

The news marks two consecutive quarters of contraction, the technical definition of recession.

In the 27-member EU, the economy grew by 0.1% in the period from July to September, after contracting by 0.2% in the previous three months.

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