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flag Eurozone economy averted recession in Q4 2023 due to higher interest rates, cost-of-living crisis, and weak global demand.

flag The eurozone economy narrowly avoided a technical recession in the second half of 2023, stagnating in the final three months of the year, according to official data. flag Factors contributing to this situation include higher interest rates, a cost-of-living crisis impacting household spending, and weakening global demand.

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