Italy falls into recession after 4.7% GDP decline April 30, 2020 - 17:19 AMT PanARMENIAN.Net - Italy, one of the worst hit countries by the coronavirus pandemic, has fallen into recession after its economy slumped 4.7% in the first quarter of 2020, CNN reported citing the preliminary estimate by the Italian National Institute of Statistics (ISTAT). This is the second consecutive negative quarter for Italy. Earlier on Thursday, April 30, the EU reported its worst quarterly drop in economic activity on record. France's GDP, meanwhile, fell by 5.8% in the first quarter, "the biggest drop" since 1949 the country's INSEE statistics agency said on Thursday as it unveiled its first estimate. Photo: Andrew Medichini/AP   Top stories Azerbaijani authorities report that they have already resettled 3,000 people in the Nagorno-Karabakh town of Stepanakert. On June 10, Azerbaijani President of Azerbaijan Ilham Aliyev will leave for Turkey on a working visit. Azerbaijani President Ilham Aliyev arrived in Moscow on April 22 to hold talks with Russian counterpart Vladimir Putin. Authorities said a total of 192 Azerbaijani troops were killed and 511 were wounded during Azerbaijan’s offensive.   Partner news |  Latest news Viva sees growing demand for cloud services  In recent years, medical institutions are starting to make use of Viva’s cloud servicesArmenian, German presidents meet in Berlin Armenian and German Presidents Vahagn Khachaturyan and Frank-Walter Steinmeier met in Berlin.Armenia assumes presidency of Mediterranean Network of Regulatory Authorities The Commission on Television and Radio of Armenia said it expects productive cooperation in various formats.Balance of attached cards in the Idram&IDBank app From now on, users will be able to view the online balances of cards issued by ArCa system banks and attached to the app. |
