Recession fears are high in Europe (Economist, US News & World Report). The question will be suspended on 30 June 2024 and the outcome determined using data from Eurostat for "GDP and main components (output, expenditure and income)," specifically for "Euro area (EA11-1999...EA20-2023)" (as amended) upon the release of the nonflash estimate for 2024Q2, expected in September 2024 (Eurostat - GDP and main components, Eurostat - Release Calendar). Set the "Seasonal adjustment" to "Seasonally and calendar adjusted data" and "Unit of measure" set to "Chain linked volumes (2010), million euro." As of the launch of this question, Eurostat reported a 2023-Q2 GDP of 2,781,929.3. The question would close early upon the reporting of final quarterly GDP data (i.e., nonflash estimate reported in subsequent order) reflecting two consecutive quarters of negative real GDP growth.

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