Euro zone first-quarter growth plunge deepest on record as coronavirus hits
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BRUSSELS (Reuters) - The euro zone economy saw its deepest contraction on record in the first three months of the year against the previous quarter, as expected by markets, data showed on Friday, as a result of lockdowns introduced in March to slow the coronavirus pandemic.The European Union's statistics office Eurostat said in a flash estimate that the gross domestic product of the 19 countries sharing the euro contracted 3.8% quarter-on-quarter for a 3.2% year-on-year fall, as expected by..