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

Turkiye condemns deadly Damascus attack

Dutch Advisory Council urges security force for Ukraine

Deadly armed clashes erupt in Northwestern Iran

Fuel shortages hit Russian regions - Video

Kavelashvili awards Mirziyoyev Golden Fleece Order

Blast at Damascus cafe kills six, injures 22 - Video

Von der Leyen highlights Azerbaijan visit - Video

Pashinyan to attend Khamenei's funeral in Iran

Zelensky vows response to Russian strike on Kyiv

Kyiv death toll rises to 21 after Russian strike - Video

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