BizBeat Ep 670: Eurozone falls into recession with rising living costs

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The euro zone has fallen into a recession after two consecutive quarters of economic decline, according to Eurostat. Behind this, the major factors are rising living costs, which have limited consumption, plus tightened monetary policies. Unfortunately, the area's large economies haven't exhibited enough drivers for sustained economic growth. CGTN's Wang Tianyu explains in this episode of BizBeat.