The UK, German and Italian economies are all tanking at the same time

posted in: European Union, News

| Business Insider –Three of Europe’s largest economies are under threat of recession, which could spell a crisis across Europe. –Dozens of companies in Germany have turned to “short-time” work — cutting employee hours — a canary in the coal … Read More

‘Verdammt’: Just when you thought the worst was over, Germany’s economy moved dangerously close to falling ‘over the edge’ into recession

posted in: Germany, News

Wikimedia Commons Germany’s economy avoided a recession at the end of 2018, and analysts expected to see improvement this year. But the picture likely got worse at the start of 2019, according to data released Friday. The Ifo Institute for … Read More