Eurozone

The European Central Bank is currently preparing a concept for an official digital currency that would complement hard cash as a payment method. "Towards the middle of 2021 we will decide whether to launch a digital euro project." states the official website of the project.

The eurozone’s gross domestic product fell 3.8% versus the final three months of 2019, according to data released Thursday, as measures imposed to limit the Covid-19 pandemic’s spread stalled everything from schools to factories to churches.
Separate figures revealed a steep fall in economic activity in France (5.8%) and Spain (5.1%) over the same period.