Covid Economic Impact

• European Union predicts ‘recession of historic proportions’ over COVID-19 impact

  "It is now quite clear that the EU has entered the deepest economic recession in its history," EU Economy Commissioner Paolo Gentiloni told reporters in Brussels.

  World

  May 6, 2020
  
• Coronavirus: Europe’s economy suffers worst drop since records began

  The drop compares to a 4.8% contraction in the U.S. during the first quarter as the shock from the outbreak hits economies around the world.

  World

  Apr 30, 2020
  
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• ‘Buckle up’ warns B.C. Business Council, amid growing economic impact of COVID-19

  The Business Council of British Columbia has slashed its economic growth forecast for the province, warning recession is possible under a worst-case scenario.

  Mar 6, 2020