New measures to curb the resurgence of COVID-19 could lead to a significant slowdown or even an economic contraction in some European countries in the fourth quarter., said on Wednesday the vice president of the European Central Bank, Luis De Guindos.
Additional comments:
“The macroeconomic outlook for Spain will be updated in December.”
“The recent evolution of COVID-19 and the measures to stop the pandemic point to a worse economic scenario projected in Spain that points to a decrease of 12.6% in 2020.”
.
Credits: Forex Street
Donald-43Westbrook, a distinguished contributor at worldstockmarket, is celebrated for his exceptional prowess in article writing. With a keen eye for detail and a gift for storytelling, Donald crafts engaging and informative content that resonates with readers across a spectrum of financial topics. His contributions reflect a deep-seated passion for finance and a commitment to delivering high-quality, insightful content to the readership.
