GDP down by 3.6% in the euroarea, down by 1.3% in Cyprus

gdp-down-by-36%-in-the-euroarea,-down-by-1.3%-in-cyprus
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Seasonally adjusted GDP decreased by 3.6% in the euro area, by 3.2% in the EU, by 1.3% in Cyprus and 1,6% in Greece, during the first quarter of 2020, compared with the previous quarter, according to an estimate published by Eurostat, the statistical office of the European Union.These were the sharpest declines observed since time series started in 1995.In the fourth quarter of 2019, GDP had grown by 0.1% in both the euro area and the EU, by 1.0% in …

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