recession

• Euro-Area Economy Headed for 2-Year Slump

  By Rebecca Christie, Bloomberg  |  May 3, 2013

  EC lowers forecast; now predicts 0.4% decline in GDP in 2013.

• Austerity on Trial amid New Evidence

  By Simon Kennedy, Rebecca Christie and Stefan Riecher  |  April 22, 2013

  Economic policies are debated again as growth undershoots estimates.

• European Companies Stockpile Cash

  By Alex Webb, Bloomberg  |  February 25, 2013

  Cash hoards have tripled over last decade in Europe.

• Euro Area Re-enters Recession

  By Marcus Bensasson, Bloomberg  |  November 15, 2012

  Strength in Germany and France was offset by weakness elsewhere in eurozone.

• Euro-Area Services, Manufacturing Slump

  By Svenja O’Donnell, Bloomberg  |  September 20, 2012

  Weak readings on purchasing indexes suggests euro area contraction continues in Q3.

• Euro-Area Output Contracts

  By Simone Meier, Bloomberg  |  September 5, 2012

  Purchasing managers index signals recession in eurozone.

• Heavy Lifting in a Competitive World

  By Susan Kelly  |  May 2, 2011

  CFO Ed Rapp tells how Caterpillar got back on the fast track to global growth.