French has entered recession as GDP fell by record 5.8% in the quarter from the previous three months, France24 reported.
“The first quarter contraction was the biggest on a quarterly basis since World War II, surpassing the previous record of -5.3% in the second quarter of 1968 when France was gripped by civil unrest, mass student protests and general strikes,” the source noted.
Since March 17, strict quarantine has been introduced in France in connection with the coronavirus pandemic.
Topic
Location
Russia predicts decline in Armenia population’s living standards in case of exit from Eurasian Economic Union
Iran parliament speaker suggests Iraq to abandon US dollar in bilateral trade
Economy ministry: Armenia GDP up 6.7%, agriculture down 15.3% in 2nd quarter of year
Diversification will continue even if Russia market reopens to Armenia right now, PM Pashinyan says
Armenia's exports to EU have increased, government says
Newspaper: Russia market closing but new ones not opening before Armenia, the executive branch of power makes promises
make preferable
