FILE PHOTO: Klaus Regling speaks in Lagonissi, near Athens, Greece, July 16, 2019. REUTERS/Alkis Konstantinidis
It confirms a gloomy outlook for the 19-nation currency bloc which is facing twin threats and uncertainty from Brexit and global trade wars. “We have to remember that not every cyclical slowdown leads to a recession, and not every recession implies another crisis,” Regling said.
Recession... just print more money .... draghi format print, print , buy up debt central banks have been buying each other debt also Road to hell ... but can’t have a recession
Are we sure regling doesn’t mean wriggling?🤨😉
In EU slowdown is not a recession! In USA slowdown is a recession because of hate of Trump !
Three consecutive quarters of contraction aren't recession any more. Who knew!
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