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Luis de Guindos, vice president of the European Central Bank, says Europe is expected to slip into a recession of a transitory nature. (Photo by Arturo Rey on Unsplash)

Europe’s Economy in Tatters as Coronavirus Lockdowns Tighten

Long before the coronavirus unleashed a massive wave of shock across the world, economists had envisioned several scenarios for a possible recession in Europe. However, few would have thought that some of the largest economies in the world would find themselves at war with a novel virus. The coronavirus has brought economic activities almost to…

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João Mendes Borga, director at Startup Portugal (Photo by Via News)

Startups Act Differently Than Large Corporations in Recession: Startup Portugal’s Director

The impact of a potential recession on startups is different than its effect on large companies because of their different structures, says the director of Startup Portugal, who believes that entrepreneurs thrive on challenges. Startups are different than large corporations in nature and act differently when it comes to industry recession or real estate recession,…

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