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EU, economic sentiment falls dramatically

Largest drops In Italy, Germany

30 March, 11:49
(ANSA) - BELGRADE, 30 MAR - The economic sentiment fell dramatically in March in the EU and the Eurozone, said the European Commission, publishing the latest the Economic Sentiment Indicator (ESI), which plummeted in both the euro area (-8.9 points down to 94.5) and in the EU (-8.2 down to 94.8 points). Amongst the largest euro-area economies, the ESI plummeted in Italy (-17.6) and Germany (-9.8), and fell also in France (-4.9), the Netherlands (-4.0), and Spain (-3.4).

"Importantly, in many countries the vast majority of survey responses were collected before strict containment measures were enacted to combat the spread of the Corona virus," the Commission noted. (ANSA).

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