Economists fear coronavirus could pull Germany into recession, but Europe‘s Stoxx 600 index and Germany‘s Dax hit fresh peaks
- Deutsche Bank: Germany could be pulled into recession
- UK and eurozone economies will be hit
- UBS thinks Australia‘s economy could contract
- European stocks have hit record highs today
- Introduction: Investors optimistic as virus cases slow
- New Coronavirus cases slow – live updates
1.13pm GMT
Vodafone aren’t waiting for a decision… they’ve just pulled out of MWC too!
1.07pm GMT
The organisers of Mobile World Congress are holding a conference call now to decide whether to cancel the event or press on, Reuters reports.
The flurry of companies pulling out due to the coronavirus (including BT and Nokia today) could force them to call the Barcelona set-piece event off…..
Source: Europe faces growth hit from coronavirus, but markets scale record highs – business live
Category: Eurozone crisis, Economics, Stock markets, Business
