How coronavirus impacts could suppress European recovery
Economists agree that it is much too soon to assess the real consequences of the coronavirus shock on global growth. But it is already clear that it comes at the worst possible time for the European economy.
But after that gloomy year-end, optimism seemed to be slowly returning among manufacturers. The embryo of a trade deal with China, diminished protectionist threats emanating from Washington, and even the vague possibility that a post-Brexit trade deal might be concluded between the U.K. and the EU, all created hopes that some form of recovery would happen in the first half of 2020.
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