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The Economic Downturn Of EU In The Second Quarter Caused By The New Epidemic

2020/8/1 21:18:00 0

New EconomyEpidemic Situation

A customer wearing a mask buys at a supermarket in Brussels, Belgium, on July 29. GDP of the European Union and the euro zone fell 11.9% and 12.1% month on month in the second quarter of this year, 14.4% and 15% respectively year-on-year, according to data released by Eurostat on the 31st. This is the largest economic decline since the European Union began to have relevant statistics in 1995. Eurostat believes that this is due to the fact that EU member states have generally adopted more stringent epidemic prevention measures during the new outbreak.

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