Eurozone suffers deepest contraction on record

Eurozone suffers deepest contraction on record

. Reuters . Spain’s economy has been ravaged by the virus Spain has been plunged into its deepest recession in modern times by the coronavirus pandemic. Its economy shrank by 18.5% in the April-to-June period, having already fallen by 5.2% in the first three months of the year. The country was the worst performer in […]

German economy sees deepest decline on record

German economy sees deepest decline on record

. Reuters The German economy shrank at its fastest rate on record amid the impact of the coronavirus pandemic, according to new official figures.The total production of goods and services declined by 10.1% during the April-to-June period.It was the sharpest decline...