Goldman No Longer Sees Recession for Euro Area

Goldman No Longer Sees Recession for Euro Area

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Business

University

Hard

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The transcript discusses the improved economic outlook for the eurozone, driven by factors such as lower natural gas prices, mild weather, and China's reopening. Goldman Sachs and Deutsche Bank have both upgraded their forecasts, suggesting that a recession may be avoided, with positive growth expected. The reopening of China is seen as beneficial for European exports.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What role does the reopening of China play in the Eurozone's economic forecast?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What did Deutsche Bank say about the potential for averting a recession in the Eurozone?

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