Hungary Recession Probably Extended Last Quarter

Euro Area Slips Into Recession Second Time in Four Years Bloomberg By Marcus Bensasson - 2012-11-15T12:03:08Z. The euro-area economy succumbed to a recessionfor the second time in four years as governments imposed tougher budget cuts and leaders struggled to contain the debt crisis that broke out in October 2009. See all stories on this topic »

France avoids recession; GDP up 0.2 pct in Q3 Businessweek PARIS (AP) — France narrowly avoided falling into recession in the third quarter, official figures showed Thursday, but analysts warn the rebound may be short-lived. The French economy, Europe's second-largest, hasn't recorded growth since the third ... See all stories on this topic »

CEE sinks deeper into recession, outlook poor Reuters PRAGUE (Reuters) - Much of central and eastern Europe fell deeper into recession in the third quarter, hit by austerity programmes and by slowing demand for exports, with a broad economic upturn still a distant prospect. A widespread drought, bouts of ... See all stories on this topic »

Euro-Area in Recession Since Third Quarter of 2011: Panel Bloomberg The euro-area economy has been in a recession since the third quarter of 2011, when the shortest expansion since 1970 ended, a panel of academic economists said. The slump marked the end of what the Centre for Economic Policy Research's ... See all stories on this topic »

Spain sinks deeper in to recession in third quarter Reuters MADRID (Reuters) - Spain sank deeper into recession in the third quarter, as a brutal austerity program hammered public spending and weak domestic demand piles pressure on the country to seek international aid. Gross domestic product contracted by 0.3 ... See all stories on this topic »

Spain gripped by recession, a day after protests AFP MADRID — Spain announced Thursday it has moved into a second year of a job-killingrecession, a day after millions joined anti-austerity strikes and vast protests. Spain's gross domestic product shrank by 0.3 percent in the quarter, National ... See all stories on this topic » AFP

Eurozone back in recession in Q3 KLFY BRUSSELS (AP) - The 17 countries that use the euro fell back into recession for the first time in three years as the impact of the region's sprawling debt crisis began to be felt in the region's stronger economies. Eurostat, the EU's statistics office ... See all stories on this topic »

Hungary Recession Probably Extended Last Quarter Businessweek Hungary is in its second recession in four years as trade and banking links with the slumping euro area drag down growth. Foreign lenders forced to pay Europe's largest bank levy are withdrawing capital and funding, restricting credit. Measures to cut ... See all stories on this topic »

Rajoy's Path to EU Bailout Clears as Spanish Recession Deepens San Francisco Chronicle 15 (Bloomberg) -- European Union budget enforcer Olli Rehn removed an obstacle blocking Spanish Prime Minister Mariano Rajoy's path to a sovereign bailout, endorsing his deficit-cut efforts as the economy sank deeper into recession. The spending cuts ... See all stories on this topic »

Eurozone In Recession For The Second Time Since 2009 Huffington Post BRUSSELS, Nov 15 (Reuters) - The euro zone fell into a recession in July-September, the second since the global financial crisis in 2009, as French resilience could not make up for a slump across Europe and the three-year debt crisis slowed Germany to ... See all stories on this topic » Shekhar Gupta CEO Capt. Shekhar Gupta [ Pilot, DIAM, M.Ae.S.I., MAOPA [USA] ] shekhar@aerosoft.in  Blog : http://shekharaerosoft.blogspot.in/  Shekhar is a Professional Pilot with more then 8 years experience of Flying on 14 different types of Air crafts in 10 different countries with accident free flying record. Shekhar is good in Flying Training as well as in Ground class for Pilots. Shekhar started his flying career from Skycabs [Colombo ] and worked for many Airlines Training Companies from different part of the world. He trained more then 350 Pilots who are flying world wide. He is a member of Aircraft Owners & Pilots Association [ USA], Royal Society of Aeronautics [ UK], Delhi Flying Club, Aeronautical Society of India, MP Flying Club Indore, Aeronautical Research Society. He is a frequent flyer on AA, Air India, British Airways, Cathey Pacific, Delta Airlines, Emerites, Ethihad, Jet Airways, Kingfisher and many more. Shekhar is an active member of www.MissionToCanada.com  set up by Govt. of Canada and Air Transport Association of Canada. His recent passion is Aviation SEO for which he takes classes for IIT & IIM students in India and others in abroad. And www.AirAviator.com  a new proposed virtual Air Charter Services.