The probability of recession has increased by 60% in the euro zone (Bloomberg)

The risk of recession in the euro zone is the highest since November 2020, the economic slowdown has a probability of 60% in the next twelve months, economists polled by the Bloomberg agency said on Monday.

As the agency reports, in July experts put the probability of a recession in the euro zone at 45%, estimating in February, before the conflict in Ukraine, that it stood at 20%. In Germany, the EU's biggest economy, stagnation is expected as early as this quarter, economists noted.

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