And robots in berlin its great to have you with us the true economic toll of the coronavirus outbreak is becoming ever clara a stream of g. D. P. Figures from across europe a show many economists that have been seeing years of growth are now deep into the red the euro zone as a whole is now officially in its deepest ever recession after 2 disastrous courses. Cash registers are humming again across europe iconic landmarks eerily quiet and spring are alive with people once more no one knows for sure how the pandemic will develop over the next few months but what is becoming clear is that the economic damage done in europe between april and june was of historic proportions that was the period when strict lockdowns brought large parts of the continents economy to a virtual standstill. The data for that period is now becoming available on the news its as bad as anything the e. U. Has ever seen it means the european economy has entered its deepest recession in postwar history spains economy contracted by a massive point 5 percent that compares with a near 14 percent drop in france on a 12. 4 percent fall and italy german g. D. P. Fell by 10 percent. With covert 19 kids is rising again there are some fears of a 2nd lockdown. Even with. The pun demick Economic Impact is likely to be felt for many months to come here in Barcelona Beach is normally full of tourists are far quieter than normal a local rise in infections is keeping travelers away. Well lets speak to our financial correspondent in frankfurt Chelsea Delaney chelsea astonishing numbers coming from all colon is europe which is a real standout think is well theyre certainly all catastrophic pretty much every country is posting some sort of record contraction for this quarter but what really stands out is whats happening in spain that 18. 5 percent contraction its just a Staggering Number and if you consider the situation spain is now and they are seeing cases rise that and now many European Countries including germany are warning their citizens not to travel to spain thats going to blow a deal of really big blow to the to the spanish Tourism Sector which is about 12 percent of their economic output so there are 3 in a very deep hole its only going to get worse for them right now and this is going to be a wake up call to european policymakers surely do they seem prepared to step up that protection. Well from the e. U. Side they just they just agreed on the 750000000000 euro recovery find it was extremely contentious and it still has to be a path passed by European Parliament so it seems unlikely that theyll be pushing for more stimulus anytime soon but on the Monetary PolicyMonetary Policy side the European Central bank has indicated today that it would be willing to keep in place its stimulus efforts through the middle of next year whether that will be long enough is still a bit of a question but they do seem ready to pump more money into the economy financial correspondent Chelsea Dillon anythings joining us. Now in the same week as Congress Called them 2 powerful americas biggest tech firms of showing theyre only getting stronger with impressive q 2 figures facebook came out on top reporting an almost doubling in profit despite an advertiser boy culture in the period meanwhile amazon posted its highest profits ever and apple beat wall streets revenue expectations however googles Parent Company alphabet announced its 1st ever decline in overall revenue was due to flagging abseiled. Staying with tech a u. S. National security review of popular social media platform ticktock is expected to land on president Donald Trumps desk any day now the investigation will address concerns about how the chinese earned app stores personal data and about allegations of censorship. With 100000000. 00 users top those that sell for the digital playground but now its turning into a box all grown between the u. S. And china. With american suspicious of its owners the be backed up may have exploded in recent years but not everyone is a fun. Would you recommend that people download that up on their phones tonight tomorrow or any time currently if you want your private information in the hands of the Chinese Government as part of. The struggle over Digital Technology is intensifying on the u. S. Side Facebook Twitter and apple on the chinese side to talk and the Technology Giant while we also the targets of a u. S. Pressure campaign cartoons lampooning the u. S. Have been spreading in Chinese Media one depicting uncle sam suggesting the u. S. Is threatened by competition but the official tone has been angry. Dollar. While we ban is part of what he calls nations becoming clean can. Trees which is in fact a synonym for double standards from the order that means. The battle may be over to talk but the war is about vying for tech supremacy at stake not just profit but power. Sticking with 2nd australia is to become the 1st country to require facebook and google to pay for news content provided by Media Companies under a royalty style system that will become law this year us tech Giants Facebook Inc and alphabetic google will be forced to pay australian Media Outlets for their content. Was truly a is the 1st country to introduce laws to make the tech giants pay for independently generated media content the australian treasurer said it was time media laws caught up to reality. But as the technology has developed. And as the power of the wealth the influence of these digital platforms namely google and facebook has grown. Our Regulatory Framework has not kept up. And as a result there is a very an equal bargaining position between astray in news Media Business is that produce original content. And the digital platforms for said the man to treat code of conduct was designed to protect independent journalism that will be watched around the world as trail years government late last year told facebook and google to negotiate a voluntary deal with Media Companies to use the content but 18 months of negotiations between the struggling news industry and the tech firms has failed to bear fruit. What we have sought to do is to create a level Playing Field to ensure a fig go for straying news Media Businesses and that when they generate original content that they are fairly paid for it. The move comes as the tech giants fend off calls around the world for greater regulation and the day after google and facebook took a battering for alleged abuse of market power from u. S. Lawmakers in a congressional hearing. Now some of the other business stories making news 2 of the worlds Biggest Airline groups have revealed the major financial hits theyve taken because of the coronavirus outbreak air france k l m has posted the last 2600000000 euros for the 2nd quarter of this year when passenger numbers were down 95 percent meanwhile british airways. Lost 1900000000 euros during the same period. And champagne sales of apparently lost their fares produces say the coronavirus has cost them 2000000000. 00 u. S. Dollars in sales this year restrictions across the world laid waste celebrations like weddings dining out as well all vital to sales of the luxury wine. Was july and germanys apprentices are preparing to finally get back to work with schemes restarting joining augusts theyll be learning their trade under very different circumstances so they paps expect it Coronavirus Crisis has radically changed many of the industries theyre joining. Its good to get tips from your teacher but kitchen apprentice Maximillian Meyer is already pretty handy at phillip in this perch but the Coronavirus Crisis means its still a bit dull at the restaurant all the big bank woods and cooking events have been called off even these events are a big chance for us its something new for the guests and we get the opportunity of expressing ourselves creatively and i think thats the main thing that gets lost in the Coronavirus Crisis. Before the lockdown apprentice yon luca own land was preparing to take his final exams in Restaurant Management his exam was postponed and he started to worry that the restaurant wouldnt take him on full time you get scared when you realise whats going on out there people are shuttering up here people are closing down there of course it makes you wonder whats going to happen after the lockdown we must be on the biggest problem we have is the uncertainty on will we be able to train them properly what do we do if theres another lockdown you dont just have a responsibility to the apprentices its the whole teen and that makes it all the more difficult really compared to previous years hotel yeas and restauranteurs in this part of northern germany have hired a 3rd fewer apprentices a burden for the future according to the German Chamber of commerce. And apprenticeship takes 3 years and the fact is you need to train apprentices continually if you skip a year that means that some year in the future there will be a lack of Skilled Trades people there will be a gap. Close peter doesnt want to be short staffed when business picks back up so hes keeping everyone on board. It just completed her 2 year training and has decided to continue the program for another year she wants to qualify as a Hotel Manager before looking for a job. If i was given the chance and it was a load off my mind i think trying to find a job now would be very difficult because of the coronavirus you keep hearing that restaurants and hotels are all going broke at the moment under normal circumstances klaus peter would have had room for 2 more trainees now hes only hiring one its the only way he could promise to keep all his apprentices on the job. And thats all for me in the Business Team here in bed and if you do want more from us check out our website d. W. Dot com slash business also of course on facebook and twitter a c w business thanks for joining us takeout have a great weekend. Combating the corona pandemic. Where does research stand. What are scientists learning. Background information and news. Our corona update. 19 special next on d w are they friends of his. Or are they in animes. Devil order for roger. Donald trump and. Our 2 part documentary analyzers to just the relationship between russia and the us and between their president s how does their rivalry and their dangerous mutual admiration affect the rest of the world. Trump and putin starts august 3rd on d w i subscribe to do you know where your books are. Its always something more in the world than what we may be afterthoughts want. To believe. Theres been a lot of rage be it about toilet paper or masks the coronavirus pandemic sometimes results in aggressive behavior. And that has even led to deaths french bus driver he was killed by a group of teenagers after asking them to wear masks to get on his pass