Euro zone output falls, bloc heading into recession

Output at factories in the euro zone unexpectedly fell in March, the latest in a series of disappointing numbers signaling that the bloc's recession may not be as mild as policymakers hope. Industrial ...

Output at factories in the eurozone unexpectedly fell in March, the latest in a series of disappointing numbers signaling that the bloc's recession may not be as mild as policymakers hope

Output at factories in the eurozone unexpectedly fell in March, the latest in a series of disappointing numbers signalling that the bloc's recession may not be as mild as policymakers hope.

BRUSSELS (Reu

The economic clowns in the EU have finally acknowledged something that was blatantly obvious at least six months ago (and a lot longer if one factored in the likely effects of multiple austerity programs in numerous countries). However, the economists' new conclusion is about as silly as the "no recession" call that preceded it. The new forecast: there will be a recession in the eurozone but not the EU and it will be "mild".

BRUSSELS (Reuters) - Output from euro zone factories continued its steep fall in autumn this year, underscoring the feeble domestic demand that risks prolonging the bloc's recession.

BRUSSELS (Reuters) - Euro zone factories unexpectedly stepped up production in May, but output fell in France and the Netherlands in a further sign that the bloc's sovereign debt crisis is also hurting its stronger economies. Industrial production in the 17 countries sharing the euro rose 0.6 percent in May from April, the EU's statistics office Eurostat said on Thursday, beating expectations of economists polled by Reuters, who had forecast no growth in the month. But Eurostat revised downward the reading for April to a 1.1 percent drop from a 0. ...

BRUSSELS — Eurozone factory output continued its steep fall in autumn this year, underscoring the feeble domestic demand that risks prolonging the bloc’s recession. Industrial production in the 17 countries sharing the euro fell 1.4% in October after falling sharply in September, the EU’s statistics office Eurostat said on Wednesday. That was much worse than the modest growth expected by economists in a Reuters poll.