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EUROPEAN AUTHORITIES ARE CREATING A “ZOMBIE ECONOMY”

European countries are spending fabulous sums trying to keep businesses afloat during a pandemic. An economic recession can lead to stagnation for ... ... tank Rexecode reports that about 10% of companies in the country have been saved from bankruptcy solely by government funds. Jeffrey Franks, the head of the IMF mission in... ... consequences of the pandemic in the amount of $ 1.9 trillion. At the same time, 900 thousand American citizens were included in unemployment statistics last week. In Europe...

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