BREAKING NEWS

Now Reading:

Switzerland in recession


economy

Switzerland in recession

Switzerland is the latest European country to enter recession.

Its economy shrank at the end of last year as export demand slumped and companies cut investment sharply. Swiss GDP fell by 0.3 percent in the fourth quarter compared to the third , it had shrunk by 0.1 percent in the third quarter. It is Switzerland’s first recession in nearly six years, but the country is holding up better than many of its neighbours as consumers and the government kept spending.

Every story can be told in many ways: see the perspectives from Euronews journalists in our other language teams.

Next Article

economy

Belgium postal workers strike