UP

The EU economy will shrink by 9.3 per cent - the IMF

Home page World
12 Punto 14 Punto 16 Punto 18 Punto
The EU economy will shrink by 9.3 per cent - the IMF

The real gross domestic product of the European Union will return to the level of 2019 only in 2022.

Axar.az reports this was stated by the Director of the European Department of the International Monetary Fund Poul Mathias Thomsen.

He said that after 2022, the European economy will need significant structural restructuring.

"We now expect real GDP in the EU to decline by 9.3% in 2020. In 2021, GDP growth will be 5.7%. The European economy will return to the level of 2019 in 2022.

Date
2020.07.13 / 12:41
Author
Tural Azimzadeh
See also

Pakistan PM to visit Russia in March

US allows some embassy staff to leave Israel

228 Taliban members killed in Pakistani military strikes

Russian losses updated on day 1464 of war

Araghchi says ready to facilitate Afghanistan-Pakistan talks

Pashinyan apologized to Anna Hakobyan

Pakistan declares open war on Afghan Taliban

Anna Hakobyan announces separation from Pashinyan

Pentagon’s first kamikaze drone unit ready for Iran strikes

Afghan forces claim to shoot down Pakistani aircraft

Latest
Xocalı soyqırımı — 1992-ci il Bağla
Bize yazin Bağla
ArxivBağla