EU warns about deeper recession

The European Commission previously suggested that the EU’s GDP would drop by 8.7% in 2020 and rise by 6.1% in 2021. The eurozone economy would fall by 8.3% in 2020 and advance by 5.8% in 2021. However, while making the calculations, economists did not take into account a prolonged quarantine. Thus, the crash will be […]