ECB Expects Worse Recession in Europe Than Global Economy

ECB Expects Worse Recession in Europe Than Global EconomyThe European Central Bank (ECB) expects the European economy to suffer a more severe recession than the global economy. Countries across the euro area will experience “a deep recession,” which entails unprecedented funding needs of more than €1 trillion ($1.1 trillion), explained ECB Vice President Luis de Guindos. Also read: IMF Declares Global Recession, 80 […]

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