Thursday , April 2 2020

Euro area sentiment in record plunge as coronavirus strikes

Bloomberg Economic sentiment in the euro area plunged the most on record after the furious spread of the coronavirus forced businesses in vast parts of the region shut and prospects dwindled that life will return to normal any time soon. The European Commission reading — following similarly downbeat reports out ...

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Covid-19: Spanish hotels become medical bunkhouses

Bloomberg Before the coronavirus pandemic besieged Europe, Kike Sarasola worried about whether he was building enough hotels to capitalise on the region’s long-running tourism boom. Such concerns have disappeared, along with the tourists. The only guests at three of his six boutique hotels in Madrid are doctors and nurses fighting ...

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Bulgaria’s euro accession dream stumbles as Covid-19 crisis rages

Bloomberg Bulgaria’s plan to join the euro area hit a road block, with the central bank saying the coronavirus crisis had rendered targets to integrate deeper this year “unrealistic.” It’s the latest setback in efforts of the bloc’s poorest member to join both the ERM-2, known as the waiting room ...

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