European Commission Expects Eurozone GDP To Contract 7.8% In 2020

11.05.2020 By Ecaterina Craciun

The European Commission’s autumn 2020 economic forecast projects that the euro area economy will contract by 7.8% in 2020 before growing 4.2% in 2021 and 3% in 2022.

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Keywords:
European Commission
, eurozone
, GDP
, contraction