Eurozone recovery from record downturn falters as economies diverge
‘The recovery is already cooling down a little bit and it is very uneven among countries’
03 September 2020 - 20:27
London — The eurozone's recovery from its deepest economic downturn on record faltered in August, surveys showed on Thursday, with some countries in the bloc suffering more than others from restrictions imposed to limit the spread of the coronavirus.
Overall growth in the dominant service industry — which has been harder hit than manufacturing from lockdown measures — almost ground to a halt, suggesting the long road to recovery will be bumpy...
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