… estimate of GDP for the first quarter of 2021 issued that day indicated the EU is again in a recession, as … of the EU dropped by 0.5 percent in the fourth quarter of 2020 and by 0.4 percent in the first quarter of 2021. But … with a contraction of 1.4 percent in the fourth quarter of 2020, and Germany, with a contraction of 1.7 percent in the …