Portugal suffers biggest drop in first quarter GDP in EU

in News, Business, Economy · 19-05-2021 09:50:00 · 0 Comments

Portugal registered the biggest drop in GDP in the first quarter of this year in the EU.

The Eurozone and European Union economies decreased by 1.8 and 1.7 percent, respectively, in the first quarter of 2021, compared to the same period last year.

Portugal suffered the biggest year-on-year drop in GDP (-5.4 percent), followed by Spain (-4.3) and Germany (-3).

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