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Europe Daily Bulletin No. 12555

9 September 2020
Contents Publication in full By article 26 / 32
ECONOMY - FINANCE / Economy
GDP down by 11.8% in euro area and by 11.4% in EU in second quarter of 2020
Brussels, 08/09/2020 (Agence Europe)

In the second quarter of 2020, seasonally adjusted GDP decreased by 11.8% in the euro area and by 11.4% in the European Union compared to the previous quarter, according to the latest estimates released by the statistical office of the European Union, Eurostat, on Tuesday 8 September.

These were by far the sharpest declines observed since the time series started in 1995”, Eurostat recalls in a news release. During the first quarter of 2020, GDP declined by 3.7% in the euro area and by...

Contents

INSTITUTIONAL
SECTORAL POLICIES
SECURITY - DEFENCE
EXTERNAL ACTION
ECONOMY - FINANCE
EU RESPONSE TO COVID-19
SOCIAL AFFAIRS
COUNCIL OF EUROPE
NEWS BRIEFS