this post was submitted on 08 Jun 2023
9 points (84.6% liked)

Europe

3873 readers
18 users here now

Europa

founded 5 years ago
MODERATORS
[email protected]
9
Eurozone slips into recession as revised data shows two quarters of economic contraction (www.cnn.com)
submitted 1 year ago by [email protected] to c/[email protected]
2 comments fedilink hide all child comments
top 2 comments
sorted by: hot top controversial new old
[โ€“] [email protected] 0 points 1 year ago (1 children)

Quick question, wasn't that true for the US as well for a while? I seem to remember them meeting the same criteria for a recession, but the White House just said "it doesn't count!"

[โ€“] [email protected] 14 points 1 year ago

yup, they just decided to redefine recession instead of admitting they're in one