Europe’s economies plunging into coronavirus recession vaticannews.va
The official Eurostat agency reveals a grim outlook for several European nations amid fears of a second wave of coronavirus infections. Spain has plunged into its deepest recession in modern times by the coronavirus pandemic and related government-imposed measures.
The official figures show its economy shrank by 18.5 percent in the April-to-June period. It already fell 5.2 percent in the first three months of the year. The country was the worst performer in the eurozone, the countries that use the euro as their primary currency.
It saw its overall Gross Domestic Product declined by a record 12.1 percent…
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Saint of the Day
- St. Peter CanisiusSt. Peter Canisius Feast date: Dec 21 An important figure in the Catholic counter-reformation that responded to the 16th century spread of Protestantism, the priest and Doctor of the Church Saint Peter Canisius is remembered liturgically on Dec. 21. His efforts as a preacher, author, and religious educator strengthened the Catholic faith in Germany, Austria, […]
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