Hopefully this post gets federated

The euro zone will succumb to its first recession since the pandemic, with the economy shrinking for a second straight quarter in the final months of the year, according to a Bloomberg poll of analysts.

The 0.1% contraction now predicted between September and December compares with the previous survey’s projection for output to remain unchanged. A mild recovery is seen at the beginning of 2024.

cross-posted from: https://lemmy.ml/post/9216245

archived https://archive.ph/qzYh0

Edit: inaccurate, look at the comments

Link to the results: https://www.oecd-ilibrary.org/sites/a97db61c-en/1/4/4/index.html?itemId=/content/publication/a97db61c-en&_csp_=19432322e94c5717b030a7b2f5fd1b3c&itemIGO=oecd&itemContentType=book

General website: https://www.oecd.org/pisa/

cross-posted from: https://lemmy.cafe/post/1679861

Archive link

I do wish EC pulls this off. It would great having an actual home-grown competitor to cloud providers. EU does data protection better than anyone else, this would very much be a symbiotic relationship.