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Euro zone enters recession after Germany, Ireland growth revision

Euro zone enters recession after Germany, Ireland growth revision

The German economy entered a recession in the first quarter.

Bloomberg | Bloomberg | Getty Images

The euro zone entered a recession in the first quarter of this year, and economists are not optimistic for the coming months.

The 20-member bloc reported gross domestic product of -0.1% for the first quarter, according to revised estimates from the region’s statistics office, Eurostat, released Thursday.

In a first reading, the agency had said the…


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