HomeLive CommentsEU Breton: Obviously we are expecting a recession this year

EU Breton: Obviously we are expecting a recession this year

EU’s internal market Commissioner Thierry Breton told BFM Business radio that due to the coronavirus pandemic “obviously we are expecting a recession during the year 2020.” “We are at war with the virus. An economic war.”

He noted before before the crisis, EU were expectation around 1.4% growth for the whole continent. But, “now we expect a negative impact of between 2% and 2.5%”.

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