With planes grounded and businesses shut around the world, experts are expecting the eurozone economy to tank this year. But 2021 could be a bright spot.
New statistics show important economic markers are all up after the economy took a major hit from the pandemic. Hopes are growing for a recovery in Germany and the Eurozone.
The economic damage caused by the virus pandemic is expected to tip thousands of companies across the world into insolvency this year. As governments dig deep to stem the looming tide, their policies differ widely.
Small and medium enterprises are considered the backbone of the Indonesian economy. They now risk bankruptcy due to the ongoing coronavirus health crisis in the country.
Economy Minister Peter Altmaier is calling for tougher penalties for those not adhering to coronavirus rules. The number of daily new confirmed cases in Germany has been on the rise over the past several days.
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