By Ritu, Capital Sands The euro zone economy will contract by a record 7.7% this year because of the COVID-19 pandemic and inflation will almost disappear while public debt and budget deficits will balloon, the European Commission forecast on Wednesday….
Tag: Euro zone
By Ritu, Capital Sands Lending to euro zone companies surged in March as firms rushed for emergency funding amid the continent’s coronavirus-related lockdown, data from the European Central Bank showed on Wednesday. With millions of people forced to stay home,…
By Administrator_India Capital Sands Euro zone industrial production dipped slightly in February, the month before coronavirus restrictions were widely introduced in Europe, due to reverses in capital and consumer durable goods after a sharp overall rise in January. Output fell…