Europe is facing a double-dip recession

Europe is facing a double-dip recession as coronavirus second wave arrives

 

Economists predicted a rebound in the second half of 2020 but they are now questioning those forecasts. 

Many governments are announcing new lockdown restrictions, or a slowing of reopenings, as they deal with a significant uptick in cases.

The warnings are similar for the U.K., where the government announced Tuesday that pubs and restaurants needed to close early and workers needed to stay at home, if possible, rather than commuting to the office.

https://www.cnbc.com/2020/09/23/europe-gears-up-to-another-gdp-contraction-as-coronavirus-cases-grow.html

 

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