Baztab News

Eurozone Countries Economy Suffers Record Drop During Lockdown Months

01 Aug 2020 The Killid Group

As the coronavirus pandemic continues to spread throughout the globe, countries in Eurozone suffered economic collapse. During the April-June period, the 19-country eurozone shrank by 12.1 percent, according to the Associated Press.  Spain which was one of the most badly-affected countries by the novel coronavirus, saw 18.5% decline during this period—the heaviest drop in the region.  The broader 27-country European Union, not all of whose members use the euro, saw output sag 11.9%, the news agency said in its report.  Germany, the largest of the countries that use the euro, suffered a 10.1% drop, the biggest since the country started records in 1970.  In France, the startling plunge of 13.8% in April-June was the third consecutive quarter of contraction in France’s worsening recession.  In Italy’s case, economists said it wiped out about 30 years of growth. The post Eurozone Countries Economy Suffers Record Drop During Lockdown Months appeared first on The Killid Group.

Original Link: http://tkg.af/english/2020/08/01/eurozone-countries-economy-suffers-record-drop-during-lockdown-months/

Open Original News

More from The Killid Group

  • Kandahar: Roadside Bomb Goes off, 4 Civilians Killed 19 Hour

    At least four civilians were killed as a roadside bomb went off today morning in Panjwai district of the southern Kandahar. The post Kandahar: Roadside Bomb Goes off, 4 Civilians Killed appeared first

  • Takhar: Unknown Men Burned down School 20 Hour

    Unidentified men set fire to a school in northern Takhar prtovince, officials said. The post Takhar: Unknown Men Burned down School appeared first on The Killid Group.

  • Voice Episode 899 – Raz O Ramze Zindagi – Correction of beliefs 21 Hour

    TheKillidGroup · برنامه 897 راز و رمز زندگی - اصلاح باور ها The post Voice Episode 899 – Raz O Ramze Zindagi – Correction of beliefs appeared first on The Killid Group.

  • 4 Government Forces Killed in Farah IED Blast 21 Hour

    IED blast in western Afghanistan killed four government forces and injured another 22, said officials. The post 4 Government Forces Killed in Farah IED Blast appeared first on The Killid Group.

  • No Comment 1 Day

    The post No Comment appeared first on The Killid Group.

  • International Youth Day, 12 August 1 Day

    The post International Youth Day, 12 August appeared first on The Killid Group.

  • 4 Taliban Fighters Killed in Badghis 1 Day

    At least 4 Taliban fighters were killed and three injured in clashes with Afghan forces in Qades district of northern Badghis province, said officials. The post 4 Taliban Fighters Killed in Badghis appeared

  • Global COVID-19 Cases Exceed 20M 1 Day

    More than 20 million people have been reportedly infected with the coronavirus pandemic globally and 742,207 COVID-19 patients have died, according to a Reuters tally. The post Global COVID-19 Cases Exceed

Latest News:

Loading