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Eurozone economy averted recession in Q4 2023 due to higher interest rates, cost-of-living crisis, and weak global demand.
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.
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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La economía de la eurozona evitó la recesión en el cuarto trimestre de 2023 debido al aumento de las tasas de interés, la crisis del costo de vida y la débil demanda global.