Coronavirus Latest News

Eurozone driven into double-dip recession as Covid takes toll

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…

Read the original article at The Guardian

Related Articles

Back to top button
Close