Ireland’s economy boomed in 2020 despite the coronavirus pandemic, with the country seeing growth off the back of increased pharmaceutical and IT exports. Ireland bucked the trend of global coronavirus-driven downturns, as the eurozone member enjoyed a Gross Domestic Product (GDP) growth of 3.4 percent in 2020, finance minister Paschal Donohoe revealed. The country fared … Read more
Eurozone headed for a double-dip recession as the slow vaccine rollout prolongs the economic misery By Daily Mail City & Finance Reporter Published: 22:12 GMT, 3 March 2021 | Updated: 22:12 GMT, 3 March 2021 The eurozone is heading for a double-dip recession as the slow rollout of Covid-19 vaccines prolongs economic misery across the … Read more
A double-dip recession in the Eurozone is ‘increasingly inevitable’ due to Covid-19, with France among the countries most seriously hit, experts have warned. The slowdown in Eurozone business activities intensified in January as the pandemic continued to batter the economy, a key survey showed on Friday. The closely watched PMI index compiled by IHS Markit … Read more
A double-dip recession in the Eurozone is ‘increasingly inevitable’ due to Covid-19, with France among the countries most seriously hit, experts have warned. The slowdown in Eurozone business activities intensified in January as the pandemic continued to batter the economy, a key survey showed on Friday. The closely watched PMI index compiled by IHS Markit … Read more
China‘s economy grew by 2.3 per cent in 2020, official figures revealed today, making the the country where the pandemic began the only major economy to grow at all last year while the rest of the world was ravaged by Covid-19. After allegedly covering up the outbreak in its early stages, China brought the epidemic … Read more
Eurozone suffers biggest economic contraction as countries across bloc are hammered by coronsvirus pandemic By Daily Mail City & Finance Reporter Published: 21:57 BST, 31 July 2020 | Updated: 22:17 BST, 31 July 2020 The eurozone suffered its biggest ever economic contraction over the spring as countries across the bloc were hammered by the Covid-19 … Read more
An economic collapse in the eurozone caused by coronavirus has ‘likely bottomed out’ as lockdowns have been eased across the continent, experts have said. The economies of 19 countries using the euro are still declining but are doing so at a much slower rate, analytics firm IHS Markit said in a report on Thursday. Data … Read more
Manufacturing activity in eurozone at record low due to factory closures to prevent spread of coronavirus By Daily Mail City & Finance Reporter Published: 22:08 BST, 4 May 2020 | Updated: 22:08 BST, 4 May 2020 Manufacturing activity in the eurozone has plummeted to a record low as factories closed to prevent the spread of … Read more