Eurozone

Covid Ireland: Economy booms amid pandemic with 3.4% growth in 2020 from exports

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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

A double-dip recession in the eurozone is ‘increasingly inevitable’ due to Covid-19, experts warn

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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

Covid EU: Double-dip recession in eurozone ‘increasingly inevitable’

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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