Eurozone on the brink: Experts forecast double-digit slump for EU's single currency bloc

Eurozone on the brink: Experts forecast double-digit slump for EU's single currency bloc

Daily Express - World·2020-04-01 11:02

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Economists have forecast a 10-15 percent drop to GDP across the euro area as a result of the global pandemic. National governments have been forced place large swathes of the economies in induced comas to curb the spread of the deadly COVID-19 virus. But this has prompted stark warnings that their actions are likely to trigger a global recession, which will be followed by many years of painful recovery.

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