Iran oil shock: the EU has very few options to limit the war’s economic impact – and prevent a recession

The EU now faces a real risk of recession. If there’s any silver lining, it may give the continent a much-needed push towards renewable energy development, but even this will depend on how national ...
U.S. News & World Report

EU Banks Can Weather Recession Driven by Global Trade War, Stress Test Shows

MILAN (Reuters) -Banks across the European Union are strong enough to weather an economic shock driven by geopolitical and trade tensions, the European Banking Authority said on Friday as it presented ...
Romania Insider

CFA Romania sees “good chances” for full-fledged economic recession this year

January retail sales readings (-9.1% y/y) sent an extremely negative message among analysts, some of whom consider the possibility of a negative economic growth rate for the entire year. The Middle ...
The Chronicle of Philanthropy

Recession Has Varying Effects on Charities Across Europe

The recession has had a widely varying effect on charities in Europe, said speakers at this week’s International Fundraising Congress in Noordwijkerhout, the Netherlands. Among them: Adrian Sargeant, ...
NBC Los Angeles

Europe Faces Recession If Putin Fully Shuts Off the Gas Taps

Europe could be pushed into recession if Russia's gas squeeze widens, economists have suggested, after Gazprom cut off flows to Poland and Bulgaria. Stream Los Angeles News for free, 24/7, wherever ...
St. Louis Post-Dispatch

Europe's debt crisis may cause new global recession

BERLIN • A dark cloud has settled over the world's financial markets, as growing numbers of people conclude that the debt crisis in Europe could hammer global growth — and even bring back recession ...