Wednesday, October 7, 2020

Europe's Economy and COVID-19

Here is the Excerpt from the article, written in August 2020:

"France's economy contracted by 13.8 per cent in the April-June quarter, mirroring similar devastation in Spain (18.5 per cent), Portugal (14.1 per cent) and Italy (12.4 per cent).

Europe as a whole saw gross domestic product (GDP) fall by 12.1 per cent in the eurozone and by 11.9 per cent across the Union bloc."

https://www.nst.com.my/world/world/2020/08/613123/europes-economy-collapses-under-covid-19-strain





















-

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)

The Ringgit Rebound

As of 23 September 2024, the ringgit ringgit has risen more than 12% against the dollar this quarter, making it the best performing emerging...

  • Budget 2019 Discussion
    How are you going to contribute to the nations in terms of closing the wealth inequality gap?
  • Malaysia and Economic Recovery
    In Tinta Minda, BERNAMA. Malay article. Excerpt: "Laporan prestasi ekonomi negara pada suku ketiga pada 2020 yang diumumkan Bank Negara...
  • Great Recession vs. Great Depression
    Please read the article by Paul Krugman in the New York Times at the link given below and give your comments as what Malaysia had experience...