Wednesday, May 6, 2020

The European Union Is Facing Its Worst Recession Ever. Watch Out, World.



New forecasts predict a 7.4 percent economic collapse and risks of even worse decline if the reopening triggers a second virus wave. BRUSSELS — The good news for Europe is that the worst of the pandemic is beginning to ease. This week deaths in Italy hit a nearly two-month low.

from Pocket https://www.nytimes.com/2020/05/06/business/european-union-recession-coronavirus.html
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