Economic activity in European countries stagnate Significant reduction inevitable March 27 5:39
In Europe, the spread of the new coronavirus has rapidly expanded, and economic activity has stagnated significantly, which is expected to inevitably reduce the economies of each country significantly.
In France, if the National Statistical and Economic Research Institute has been out of the country for one month since the 17th of this month and the 17th of this month, if annual GDP = 3% of gross domestic product for two months, We have announced estimates to reduce each by 6%.
In France, economic activity is estimated to be 35% lower than usual, with 89% of construction industries having a particularly significant impact and 52% of non-food industries.
In Germany, the private Ifo Economic Research Institute estimates that if production of automobiles and other companies drops significantly, the GDP of this will drop by 6%.
Austria also estimates that if private labs continue to restrict outings throughout the country to the end of April, GDP will decrease by 2.5% year-on-year, and in the Netherlands, government-affiliated Think tanks are expected to fall from 1.2% to 7.7%.
In Europe, the prospect that economic activity is returned to the original because it does not take a halt to the spread is not standing, blow to the country's economy is growing may become very large.