The way COVID-19 has affected this world has been significant. This is mainly in the form of deaths i.e. loss of life and financial losses. The financial losses include economic devastations, no or least business activities, and complete lock-downs. It also includes major effects on the tourism industry and trade. The proof is in the form of total mortalities i.e. 114,254 deaths globally. US, Italy, Spain, UK, and France are the most affected countries in terms of death losses. It also includes Europe’s 4 giant countries and mega economies from the Eurozone in terms of the GDP.
The United Kingdom is not part of the Euro. However, still the losses it has incurred will take lots and lots of relief efforts. This is similar to devastations in an earthquake, however, the only difference is no loss of physical infrastructure. The deaths from Italy counts 19,899, Spain: 17,209, France: 14,393, U.K: 10,612 and Germany: 3,022 i.e. Total count from the Big Five from Europe is 65,135 i.e. 57% of the World’s Population death counts from ‘COVID-19’.
The largest of the European economies are known as “Big Five” in economic terms. These are countries with GDP Total in the Top 10 list of 4 countries. These countries are France, Germany, Italy, and the U.K. As of 2018, in the Top 10 list Germany is number 4 & the United Kingdom ranks number 5. Hence, preceded by France at number 6 and Italy ranking number 8. Spain is the only economy that is not in the Top 10 list. Although, Spain is a country from the big five and top 5 of Europe’s economy. Hence it is a mega holiday and tourism destination for the rest of the world.
Courtesy: MBE Blog
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