Retail sales volumes in the eurozone rebounded in June to levels seen in February before lockdowns, official estimates showed on Wednesday, completing a recovery that began in May after record drops in March and April.
One in four manufacturers is considering closing down. Half are experiencing sales shortfalls in excess of 50%, and 80% of them are cutting jobs, with no re-localisation in sight even once the emergency is over.
Online shopping continues to gain ground in Europe with two-thirds of internet users e-buying in 2016, according to a survey from Eurostat. And fashion is a key product category, especially for young shoppers.
London, Brussels and Luxembourg are the three richest regions in Europe, according to a ranking by Eurostat based on local GDP. The ranking unsurprisingly demonstrates the persistent gap between Western and Eastern Eu...