Wednesday, May 6, 2020

Recession of 'historic proportions' predicted for Europe

The European commission has published its growth map for 2020 and 2021 and shows a recession of "historic proportions" as a result of COVID-19

All EU state economies are forecast to contract by between 4%-8% in 2020, and are not expected to go back to pre-pandemic levels in 2021. 

Lucy Hough has more from Brussels: 

IN: The EU
OUT: SOC
DUR: 0:32