European leaders are struggling to cope with the health consequences of Covid-19, and now the next struggle is coming into view—the economy. The pandemic is all but certain to tip large parts of Europe into recession, and no leader has a good response.
To some extent the coronavirus downturn will be beyond the control of any European politician. Italy is in the midst of an economically shattering lockdown. The virus has disrupted global supply chains, and President Trump’s European travel ban doesn’t help.
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March 12, 2020 at 04:47PM
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Europe’s Viral Recession - The Wall Street Journal
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