EU recession fears spark concern in Southeast Asia 09.09.2022

Deutsche Welle | Sep 9, 2022 at 2:00 AM
  • It’s becoming increasingly obvious to most economists that Europe will face a brutal winter of discontent.
  • ASEAN countries exported goods worth around €136 billion ($136.8 billion) to the EU in 2021, up from €120 billion a year earlier.
  • In July, the Asian Development Bank (ADB) revised its forecasts for developing Asia.