The Census and Statistics Department of the Hong Kong Special Administrative Region Government announced on the 29th that Hong Kong’s 2020 GDP fell by 6.1% year-on-year, not only the largest…
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With the second confinement introduced from October to November, we could fear the worst. But ultimately, the French economy resisted the second confinement better than the first. And in the…
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The ECB improves the economic forecast for the decline in GDP in the Eurozone for this year to -8%, from -8.7% previously. The update of its inflation and growth forecasts…
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Istanbul/ London- In the UK a record decline in the economy. In the second quarter of this year, GDP fell by 20.4% compared to three months earlier, highlighting the worst…
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The euro zone recorded a 12.1% drop in GDP in the second quarter, as a result of containment measures. In the United States, containment resulted in a 32.9% GDP collapse….
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Data released by the British National Statistics Office (20.06.2020 ) said that public borrowing in the United Kingdom was greater than the entire economy of the country in May. The…
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The 750,000 million euros of the recovery fund that is still negotiated by Brussels will provide a stimulus of only 0.8% per year of the European Union’s GDP. While European…
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