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Wednesday 8 February 2023 Dublin: 8°C

# Global Recession

All time
# jobs figures
A record number of jobs were lost across the European Union in the second quarter of the year
Europe is in recession after two quarters of economic contraction.
# Global Recession
'There has been an intellectual rethinking on the whole issue of government borrowing'
Why austerity is out and public spending is back on the menu for economists.
# Debt Crisis
IMF warns that action is needed to avoid global recession
Meanwhile, worries about the exposure of Europe’s banks to Greek debt gathered pace on Friday.