Eurozone economy shrinks more than 4%

In the third quarter of this year, the eurozone economy shrank by 12.5% compared to the second quarter, and by 4.3% than the same period last year, Report says, citing foreign media.

According to the information, the value of the region's exports increased by 7.6% in consideration to the previous quarter, decreased by 4.2% than the third quarter of 2019, while the value of imports fell by 5.2% compared to the previous quarter and increased 3.9% than the third quarter of last year.

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