16
Eurozone slips into recession as revised data shows two quarters of economic contraction (www.cnn.com)
submitted 2 years ago by yogthos@lemmygrad.ml to c/europe@lemmy.ml
2 comments fedilink hide all child comments
top 2 comments
sorted by: hot top controversial new old
[-] maynarkh@lemmy.ml 0 points 2 years ago

Quick question, wasn't that true for the US as well for a while? I seem to remember them meeting the same criteria for a recession, but the White House just said "it doesn't count!"

[-] yogthos@lemmygrad.ml 17 points 2 years ago

yup, they just decided to redefine recession instead of admitting they're in one

this post was submitted on 08 Jun 2023
16 points (100.0% liked)

Europe

4901 readers
65 users here now

Europe

Rules:

  1. All sources allowed. Voting decides what is reliable unless
  2. Articles which have been proven false beyond any doubt may be removed
  3. No personal attacks
  4. Posts in English, translations allowed

founded 5 years ago
MODERATORS
geneva_convenience@lemmy.ml