European Economies on Course for Unprecedented Recession Due to Coronavirus Lockdown Measures

(LONDON) — European economies are heading for an unprecedented recession as a result of the lockdown measures put in place by governments to get a grip on the coronavirus pandemic, closely watched surveys indicated Thursday. The scale of the decline in business activity recorded in monthly surveys was staggering, worse even than the most pessimistic…http://feedproxy.google.com/~r/time/world/~3/HdAUXLozssg/