The biggest fall in the Danish economy since they started with quarterly reports.
The case is being updated.
The coronavirus and the shutdown have plunged many of the world’s economies. On Friday morning, Denmark published their new figures for the second quarter.
It shows that Denmark’s gross domestic product (GDP) decreased by 7.4 per cent in the second quarter, compared with the first quarter.
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According to Statistics Denmark, which corresponds to the Norwegian Statistics Norway, this is the largest fall they have registered since they began submitting quarterly reports in the early 1990s.
The countries that have so far done best are Estonia and Norway, closely followed by Denmark. At the opposite end is the United Kingdom, which has experienced a much stronger economic downturn.
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On average, the EU economies have fallen by 11.9 per cent.
– There is no doubt that today’s GDP figures will be written directly into economic history books, says chief economist Tore Stramer to the Danish newspaper BT.
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