After the US, Europe is sinking into the recession due to the coronavirus, which is advancing inexorably

After the United States, the euro Europe announced on Friday a strong contraction of its economy (-12.1%) and its recession, while the virus remains inexorable in Latin America, where Mexico surpassed the United Kingdom in the number of deaths and Countries such as Vietnam or the Fiji islands register their first deaths. In the face of a pandemic that seems unstoppable and an increasing human balance, especially in Latin America, the Emergency Committee of the World Health Organization (WHO) meets …

Read MoreAfter the US, Europe is sinking into the recession due to the coronavirus, which is advancing inexorably

Europe warns that the recession in the area will be greater than expected and the recovery less pronounced – La Tercera

The euro zone economy will fall more deeply into recession this year and will recover less sharply in 2021 than previously thought, according to the European Commission forecast released on Tuesday, which points to France, Italy and Spain as the most weakened by the COVID-19 pandemic. The EU executive said the 19-nation single currency area would contract 8.7% this year before growing 6.1% in 2021. In early May The Commission had forecast a 7.7% decline this year and a 6.3% …

Read MoreEurope warns that the recession in the area will be greater than expected and the recovery less pronounced – La Tercera