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Jul 31, 2020

Crushed by COVID-19, major European economies sink into recession

The eurozone saw its largest contraction on record with declines of more than 10% each in Germany, France, Italy and Spain. Life after lockdown for a restaurant group in Lithuania. Airlines worry travel restrictions are stifling passenger demand.

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The eurozone economy has entered a historic recession as a result of the COVID-19 health crisis.
The eurozone economy has entered a historic recession as a result of the COVID-19 health crisis.
Horacio Villalobos/Corbis via Getty Images

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