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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