Financial24.co.uk
Financial and Business News

- Advertisement -

- Advertisement -

- Advertisement -

Eurozone driven into double-dip recession as Covid takes toll

75

GDP in the 19 economies sharing the euro shrank by 0.6% between January and March

The eurozone fell back into recession in the first three months of the year, as a slow vaccination drive and tougher restrictions to stem a third coronavirus wave damaged the region’s economies.

GDP in the 19 economies sharing the euro shrank by 0.6% between January and March compared with the previous quarter, according to figures from Eurostat, the EU’s statistical office.

Continue reading…

Leave A Reply

Your email address will not be published.