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World Business Report: First broadcast 30/10/2020 22:32 GMT: Eurozone bounces back to economic growth

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Eurozone bounces back to economic growth

First broadcast 30/10/2020 22:32 GMT

First broadcast 30/10/2020 22:32 GMT: Eurozone bounces back to economic growth

BBC World Service - World Business Report, Eurozone bounces back to economic growth

The region's economic activity grew 12.7% in the third quarter of the year.

The economies of the eurozone bounced back in the third quarter of the year according to new official figures. Economic activity for the region as a whole was 12.7% higher than in the previous three months. But the growth was not enough to reverse the declines in the first half of 2020 due to the pandemic. We go through the numbers with Shanti Keleman, Investment Director at Brown Shipley. With new restrictions coming into force in France last night, journalist Anne-Elisabeth Moutet tells us how well they have been received by the French people. And we hear from the manager of Galignani bookshop in Paris - one of the oldest in the city - which, under the restrictions, is unable to open. The furlough scheme in the UK, which has ensured 9.5 million workers got up to 80% of their salary during the pandemic, is being replaced by a new government support programme. The BBC’s Emma Simpson has been to talking to businesses near London Gatwick airport, which had one of the highest proportions of furloughed workers in the country. 

Also in the programme, we ask what if you've been stranded at sea since the start of the pandemic - and can't get home.  An estimated 400,000 seafarers, are in that position. They are facing physical and mental exhaustion -- and repatriation to their home countries has become a matter of urgency. The BBC's Ivana Davidovic has managed to track down some of them.

Plus, India has applied for Geographical Indication status for Basmati rice, which would prohibit Pakistan from exporting it to the EU. Pakistan is, not surprisingly, unhappy with the move, as we hear from the BBC's Nikhil Inamdar in Mumbai.

(Picture: a man wearing a face mask in front of the Euro currency symbol. Credit: AFP.)

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First broadcast 30/10/2020 22:32 GMT: Eurozone bounces back to economic growth

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