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The euro fell below $1.01 this week to its lowest level in 20 years. Here are the concrete consequences of the decline in the value of the single European currency.
The European Central Bank is under pressure to reconsider its low interest rate policy after soaring energy prices forced Eurozone inflation to hit its highest annual rate since records began in 1997
One in every 10 Europeans has been duped into buying counterfeit products, mostly coming from Asia, according to a study by the EU's intellectual property office (EUIPO)
Eurozone output soared by 12.7 percent in the third quarter as the bloc bounced back from the depths of the coronavirus lockdown, according to the Eurostat statistics agency
Countries worldwide have been suffering economically from the consequences of the coronavirus pandemic. This is no different from the Eurozone, where the GDP has declined massively for the first time in 25 years.