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Wednesday 22 March 2023 Dublin: 6°C

# Double Dip?

All time
9 simple ways to take your biscuits to the absolute next level
It’s National Biscuit Day suckers.
Aaron McKenna: We've entered recession – again – because brave decisions are not being taken
Ireland has just entered its fourth recession since the crisis began – and what is our government doing about it? Waiting for Europe to sort out the mess, writes Aaron McKenna.
# Eurozone
Falling growth means Eurozone is back in recession
Hadn’t you noticed? Eurozone GDP fell by 0.1 per cent in the third quarter of 2012.
# Recession
British economy back in recession
Preliminary estimates from the Office for National Statistics bear bad news…
# Recession
Recession returns as Ireland's economic output falls again
Irish economic output has declined for two successive quarters – meaning Ireland is technically back into a recession.
# Debt Crisis
European markets open... and it's not good news
The major European stocks have fallen in early trading this morning.
# Doctor Doom
Doctor Doom: ECB could force Ireland into a second recession
Nouriel Roubini says increasing interest rates will strengthen the Euro – and make it difficult for weak countries to recover.
# Double Dip?
Economy shrank by 1.6 per cent in fourth quarter of 2010
The latest statistics from the CSO show that GDP fell by 1.6 per cent – but GNP rose – with overall declines for 2010.
# Irish Economy
Ireland's economy will shrink again in 2011, says E&Y
Ernst & Young says GDP will fall by 2.3% next year, with unemployment growing – but there’s other forecasts for Celtic Tiger 2.
# We Can't Win
€4bn budget cuts mean €2bn drop in economic growth - IMF
Damned if we do, and damned if we don’t. We can’t afford to borrow, but cutting spending means double-dip…
# Double Dip?
Manufacturing output falls in September - report
It’s more bad news – manufacturing is down in the last month, and retail sales only just up. Is this the Double Dip?
# Double Dip?
Ireland's economic meltdown: what the world says
“The folly of cuts,” says the Guardian; the drop is “unexpected” says WSJ; “the first to face a double dip,” says Telegraph.
The Guardian: Ireland facing a double dip recession
One economist is so shocked by the fall in our output, he thinks it’s a misprint.
# Uh-Oh
'Double-dip' recession looms as GDP falls by 1.2% in three months
New CSO statistics show economic output fell in the months from April to June, having risen in the months before that.
What’s a Double Dip recession? Your 60-second guide
The services sector is slowing down. Is a second recession on the way? And what does that mean?
# Double Dip?
Bernanke: Recovery will take longer than we thought
The Fed chairman says it’s going to be a slow return – but dismisses talk of a double dip.
# Double Dip?
US unemployment jumps by twice the expected rate
Ireland isn’t the only one with a major jobs crisis.