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Impact of COVID-19 on the European Economy Analysis, Trends, and Forecast 2019 to 2025

Impact of COVID-19 on the European Economy Analysis, Trends, and Forecast 2019 to 2025

Submitted by • March 30, 2020 www.omrglobal.com

Europe is among the largest economies across the globe in terms of industrial production. The GDP of the European Union (EU) was estimated to be $18.8 trillion in 2018, increased from $17.4 trillion in 2017, represented nearly 23% of global GDP. This result owing to the remarkable focus towards the production of all finished goods and services within the country.

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