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Italian GDP contracts by 0.2% in three months from April to June

Italy recession drags on in second quarter

Italy's economy shrank by less than expected in the second quarter, adding to recent signs its longest post-war recession is bottoming out.

Business • 06 Aug 13

Spanish economy contracted by 0.1% in second quarter

Spain remains in recession - but only just

Spain's two-year economic slump showed signs of coming to an end in the second quarter, data showed today.

Business • 30 Jul 13

Leo Varadkar said that Government measures, such as the property tax, have contributed to the economy's return to recession

Varadkar admits recession figures 'bad'

Minister for Transport, Tourism and Sport Leo Varadkar has admitted figures that show the Irish economy has slipped back into recession are "bad".

News • 28 Jun 13

A recession is normally defined as two quarters of contraction in a row

Economy slips back into recession - CSO

New figures from the Central Statistics Office show that the economy has slipped back into recession.

News • 28 Jun 13

UK escapes double dip recession, ONS says

Britain's double dip recession revised away

Britain did not suffer a double-dip recession early last year as previously thought, new figures show.

Business • 27 Jun 13

Falling exports contribute to drop in GDP of 0.6% in first three months of 2013

GDP contracted by 0.6% in first quarter

Preliminary estimates from the Central Statistics Office show that GDP contracted by 0.6% in the first three months of the year.

Business • 27 Jun 13

Euro zone GDP fell by 0.2% in first three months of 2013

Euro zone economy shrinks again in first quarter

The recession across the euro zone economy extended into its sixth quarter - longer than the slump that hit the euro area during the financial crisis of 2008-2009.

Business • 15 May 13

French GDP contracted by 0.2% in the first quarter of 2013

French economy falls back into recession

France's economy is in recession again - and that could spell more trouble for Europe.

Business • 15 May 13

Euro zone industrial output rose a monthly 1% in March, new figures show

Euro zone growth hopes emerge after factory data

A larger than expected increase in industrial production across the euro zone has raised hopes that the recession in the currency bloc has eased or even ended.

Business • 14 May 13

Spain and Portugal leaders says that credit is frozen in their countries

Spain, Portugal demand action on bank union

The leaders of Spain and Portugal today demanded that the euro zone speed up efforts to create a banking union.

Business • 13 May 13

UK economy grew by a better than expected 0.3% in first three months of 2013

UK avoids triple dip recession

Britain's economy dodged a return to recession and grew faster than expected in the first three months of this year.

Business • 25 Apr 13

6.2 million people now out of work in Spain

Spain's unemployment jumps to record 27.2%

With over 6 million unemployed for the first time ever, Spain's jobless rate shot up to a record 27.2% in the first quarter of 2013.

Business • 26 Apr 13

Spain's economy shrank by 0.5% in first quarter of 2013

No let-up to Spain's recession

Spain's central bank has said that the recession continued in the first three months of the year.

Business • 23 Apr 13

UK retail sales down 0.7% in March from February as cold weather hits

Cold weather hurts UK retail sales

Unusually cold weather hurt British retail sales in March, but the fall was small enough to leave the possibility that the economy as a whole avoided shrinking in the first three months of the year.

Business • 18 Apr 13

The Russian government slashed its growth forecasts yesterday

Russia may need stimulus to avoid recession

Russia's economy is at risk of sliding into recession by autumn and the government may need to introduce stimulus measures to shore up growth, the country’s economy minister Andrei Belousov has said.

Business • 12 Apr 13