"Consequence of short-sighted actions": the economy of eurozone was included in recession

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Yevropeyskaya commission recognized the recession beginning in eurozone after the economy of the region was reduced the second quarter in a row. The authorities while try to keep optimism against still positive situation in the employment sphere. However the level of business in the industry Europe already updated a three-year minimum, the consumer demand surely decreases, and inflation three times exceeds target values. Experts explain such situation with consequences of the anti-Russian sanctions. Rupture of commercial relations with Moscow and refusal of purchases power raw materials at Russian Federation struck on producers in EU and led to rise in price...
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Vladimir Olenchenko
Last position: Senior research associate of the Center of the European researches (INSTITUTE OF WORLD ECONOMY AND INTERNATIONAL RELATIONS REGIONAL REAL ESTATE AGENCY, INSTITUTE OF WORLD ECONOMY AND INTERNATIONAL RELATIONS NAMED AFTER YEVGENY PRIMAKOV REGIONAL REAL ESTATE AGENCY)
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Artyom Deev
Last position: Head of analysis department (LLC "AMARKETS")
Natalia Milchakov
Last position: Deputy director (LLC "INFORMATION ANALYSIS CENTER "ALPARI")
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