Greece will tumble back into deep recession in 2015: EU
The Greek economy, which crawled out of a six-year recession only in 2014, will shrink 2.3 percent in 2015 and another 1.3 percent in 2016, the sources said.
Aug 12, 2015, 18:30 PM IST
Recession, not gas, drove drop in US emissions: Study
Economic recession was the main cause for a drop in United States carbon dioxide emissions between 2007 and 2013 -- not a shift from coal- to gas-fuelled energy as widely claimed, researchers said Tuesday.
Jul 21, 2015, 22:18 PM IST
Cyprus stuck in recession 3 years after bailout: EU
Eurozone country Cyprus will not shake off a three-year recession in 2015, a European Commission spring forecast predicted on Tuesday.
May 05, 2015, 19:04 PM IST
Canada posts first budget surplus since Great Recession
Canada posted its first budget surplus since the global economic downturn on Tuesday, lifting the re-election hopes of Prime Minister Stephen Harper`s Tories in six months.
Apr 22, 2015, 05:30 AM IST
Japan out of recession but growth lower than thought: Govt
Japan`s economy grew less than initially thought in the final quarter of 2014, revised government data showed Monday, showing the world`s third largest economy limping out of recession.
Mar 09, 2015, 07:21 AM IST
US has best economic growth prospects: Barack Obama
President Barack Obama has said the US has "risen from recession" and has got better prospects of economic growth than any other country, including India, China or Germany.
Feb 07, 2015, 06:58 AM IST
Russia at risk of "deep recession", says Medvedev
Russian Prime Minister Dmitry Medvedev has warned that the country stares at a "deep recession" and accused some countries of deliberately hindering Russia`s economic progress, alluding to the West.
Dec 24, 2014, 09:13 AM IST
Angela Merkel warns of recession in Europe
German Chancellor Angela Merkel on Tuesday warned that Europe could slide back into recession, media reported.
Nov 26, 2014, 04:11 AM IST
Germany skirted recession in Q3: Ministry
Growth in Germany is slowing, but Europe`s biggest economy still managed to scrape past a new recession in the third quarter of this year, the Economy Ministry said Wednesday.
Nov 12, 2014, 17:58 PM IST
ECB sees no signs of deflation, recession in eurozone
The European Central Bank sees no signs of deflation or recession in the single currency area, but will remain vigilant, its chief economist said in a newspaper interview on Tuesday.
Oct 28, 2014, 15:02 PM IST
Growth gloom knocks stocks back a year
IMF chief said there was a 35-40% chance of the eurozone slipping back into recession if action was not taken.
Oct 10, 2014, 23:59 PM IST
Eurozone faces `serious risk` of new recession: IMF
International Monetary Fund chief Christine Lagarde warned Thursday that the eurozone could fall back into recession if action is not taken to prevent it.
Oct 09, 2014, 22:02 PM IST
Brazil set to keep rates on hold
Brazil`s central bank will keep its key interest rate on hold at 11 percent a month before its presidential vote despite a recession and inflationary pressures, analysts indicated Tuesday.
Sep 03, 2014, 05:50 AM IST