EU on brink: Bloc faces worst-ever recession as UK economy predicted to crumble

EU on brink: Bloc faces worst-ever recession as UK economy predicted to crumble

Daily Express - World·2020-05-07 11:01

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The European Commission’s spring forecast predicts the EU’s economy will this year slump by 7.4 percent before showing any signs of growth. But the report warns conditions could even worsen if governments are forced to extend their lockdowns Forecasters said every member state should expect their Gross Domestic Product to shrink by at least five percent.

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