Breaking News

Eurozone carnage: UK RIGHT to keep pound, Germany should have kept Mark

The pandemic has had a devastating economic, as well as health, impact across the bloc, with Spain’s economy shrinking by 18.5 percent in the period from April to June, having already dropped by 5.2 percent in the three months prior that.

France’s economy shrunk by 13.8 percent, Italy saw a fall of 12.4 percent, and even in Germany, the economic powerhouse of the EU, the fall was 10.1 percent.

Across the bloc as a whole, the average contraction was 11.9 percent.

Article source: http://feedproxy.google.com/~r/daily-express-news-showbiz/~3/GacHRDIvQGY/eurozone-news-euro-uk-pound-sterling-germany-deutsche-mark-france-recession-coronavirus

Related posts

Coronavirus: First European death as Chinese tourist dies in France

Times of News

Sausage roll enthusiast LadBaby takes aim at second Christmas number one

Times of News

‘Bring it on’ Abbott vows to take election fight to Tories despite voting against it twice

Times of News