Salem Radio Network News Monday, March 27, 2023


Europe scrapes out economic growth by dodging gas disaster


( ) -q-27- UNDATED (Correspondent Jeremy House) “halted most supplies.”

Europe’s economy has scraped out meager gains at the end of last year as galloping inflation fed by high energy prices and Russia’s invasion of Ukraine deterred people from spending in shops and restaurants.

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Out-cue: halted most supplies]

TAG: Correspondent Jeremy House reporting.

VERBATIM: The European Union statistics agency Eurostat reports economic output crept 0.1% higher in the last three months of 2022. That avoids an outright downturn as warmer-than-usual winter weather shelved fears of energy rationing in Europe. The countries that share the euro currency appear to have avoided the worst case scenario…running out of natural gas after Russia halted most supplies.

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