The #coronavirus pandemic represents a major shock for the global and EU economies.
Our collective recovery will depend on continued strong and coordinated responses at EU and national level.
We are #StrongerTogether.
More about the Spring #ECForecast → europa.eu/!DR48dq
Our collective recovery will depend on continued strong and coordinated responses at EU and national level.
We are #StrongerTogether.
More about the Spring #ECForecast → europa.eu/!DR48dq
Despite the swift and comprehensive policy response at both EU and national level, the EU economy will experience a recession of historic proportions this year.
The EU economy is forecast to contract by 7½% in 2020 and grow by around 6% in 2021. #ECForecast
The EU economy is forecast to contract by 7½% in 2020 and grow by around 6% in 2021. #ECForecast
The continued effectiveness of EU and national policy measures to respond to the crisis will be crucial to limit the economic damage and facilitate a swift, robust recovery to set the economies on the path of sustainable and inclusive growth. #ECForecast
Find out more about on the Spring 2020 #ECForecast here → europa.eu/!DR48dq
Follow → @ecfin for more information.
Follow → @ecfin for more information.
