eurozone recession

Double-Dip Recession Hits Eurozone as Crisis Clouds Swirl

The eurozone has sunk back into its second recession since 2009, a Reuters poll predicted on Thursday, as the debt crisis that has ravaged the continent for over two years continues to stifle growth.

OECD Warns of 'Severe Recession' Looming for Eurozone

The 17-country eurozone risks falling into a "severe recession," the Organization for Economic Cooperation and Development warned on Tuesday, as it called on governments and Europe's central bank to act quickly to keep the slowdown from spreading.