Germany, Europe’s greatest economy, sinks into recession

Germany, Europe’s greatest economy, sinks into recession

Germany’s economy contracted in the first quarter at its sharpest rate since 2009 with worse expected by mid-year, as coronavirus lockdowns ravage business activity. But Europe’s largest economy is weathering the fallout from the pandemic better than other EU states where outbreaks have been more disruptive. The 2.2 percent drop in quarter-on-quarter output was the…

View More Germany, Europe’s greatest economy, sinks into recession
UK on goal to alter into one of Europe’s worst hit in COVID-19 pandemic

UK on goal to alter into one of Europe’s worst hit in COVID-19 pandemic

LONDON (Reuters) – Britain is on track to become one of Europe’s worst-hit countries in the coronavirus pandemic, according to data on Tuesday that showed deaths from COVID-19 had already topped 20,000 by April 17, including a fast-rising toll in care homes. The Office for National Statistics said the death toll involving COVID-19 in England…

View More UK on goal to alter into one of Europe’s worst hit in COVID-19 pandemic
UK heading in the staunch route to changed into one amongst Europe’s worst hit in Covid-19 pandemic

UK heading in the staunch route to changed into one amongst Europe’s worst hit in Covid-19 pandemic

LONDON: Britain is on track to become one of Europe’s worst-hit countries in the coronavirus pandemic, according to data on Tuesday that showed deaths from COVID-19 had already topped 20,000 by April 17, including a fast-rising toll in care homes. The Office for National Statistics said the death toll involving COVID-19 in England and Wales…

View More UK heading in the staunch route to changed into one amongst Europe’s worst hit in Covid-19 pandemic