ECB Expects Worse Recession in Europe Than Global Economy

The European Central Bank (ECB) expects the European economy to suffer a more severe recession than the global economy. Countries across the euro area will experience “a deep recession,” which entails unprecedented funding needs of more than €1 trillion ($1.1 trillion), explained ECB Vice President Luis de Guindos. Also read: IMF Declares Global Recession, 80 […] The post ECB Expects Worse Recession in Europe Than Global Economy appeared first on Bitcoin News.