The horrendous impact of coronavirus on Europe’s economy is growing clearer as GDP shrinks 3.8%, and Germany, France, and Spain report catastrophic data
The eurozone economy contracted by 3.8% in the first quarter of 2020, according to preliminary estimates from Eurostat. The European Union lost 3.5% of gross domestic product, the data showed.The French and Spanish economies shrank by 5.8% and 5.2% in the first quarter of 2020, a sign of the extensive…
bubmagApril 30, 2020