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Economy

Euro zone GDP contracts by a record 3.8% in the first quarter

Updated : April 30, 2020 03:32 PM IST

Thursday’s preliminary reading is the lowest since records began in 1995.
Second-quarter data could be much worse.
The French economy contracted 5.8% in the first three months of 2020. This was the sharpest decline since records began in 1949.
Euro zone GDP contracts by a record 3.8% in the first quarter

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