Coronavirus could wipe out European growth in Q1 2020: S&P

Credit: iStock/Robert Wei

Growth across the eurozone and the UK is expected to be knocked by between 0.1% and 0.2% as a result of the coronavirus outbreak in China, and could be enough to wipe out any rise in GDP during the first quarter of 2020, according to Standard & Poor’s. It also warned that Germany is most at risk from the fallout,…

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