Europe Stares Vacantly At Double-Dip Recession

Europe Stares Vacantly At Double-Dip Recession

In news that, unfortunately, market participants hooked on get-rich-quick schemes won't care too much about, the European economy officially contracted in the fourth quarter. That was expected and, as it turned out, the contraction was shallower than feared. The eurozone economy shrank 0.7% QoQ, Eurostat said Tuesday. The market was looking for -0.9%. The bloc was, of course, hit hard by a second wave of the virus, and that forced the reinstitution of various containment protocols across co
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