Europe is close to a recession more than in previous years. Now its offensive is estimated with a probability of 60% instead of 45% in July, writes Bloomberg.
According to experts, the risk of recession for the Eurozone is now at the highest level since 2020. Economists expect a reduction in production in the coming period.
One of the first to face Germany – a country with a strong economy, which was most affected by reducing Russian gas supplies. Experts expect Germany to begin to stagnate already in this quarter.