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

One killed as military vehicle overturns in Turkiye

Peskov: Russia remains open to negotiations

Princess Astrid of Norway dies at 94

Half a million Russian soldiers killed in Ukraine war

Uzbekistan considers bodyguard services for tourists

Ukrainian military losses updated on 1,661st day of war

Russia claims capture of two settlements in Ukraine

Budanov: Ukraine will fight as long as necessary

6.2-magnitude earthquake hits Indonesia’s Banda Sea

Vucic says he may resign on Sept. 25 or 26

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