July 31, 2020

Record economic slumps hit Europe in face of resurgent virus

Paris (AFP) – Nation after nation across Europe on Friday unveiled the extent of historic economic devastation as resurgent coronavirus cases forced agonising new trade-offs between lives and financial health.Six months after the World Health Organization (WHO) declared a global emergency, the novel coronavirus has infected more than 17 million people and wreaked global economic mayhem.¬†France’s economy contracted by a record 13.8 percent in the second quarter, Spain went into recession after its gross domestic product slumped 18.5 percent, Portugal’s economy contracted 14.1 percent, and Italy…

source https://this.kiji.is/en/661882181684102241?c=648607265489716321

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