9th November 2021

The CEPR-EABCN Euro Area Business Cycle Dating Committee has declared that the euro recession that had started after 2019Q4 has reached its trough in 2020Q2. The two quarters of negative GDP growth in 2020Q4 and 2021Q1 are judged, based on available data, to be part of the unsteady expansion that started after this 2020Q2 trough. 

Findings ] / [ Press release ]