The EU economy will experience a deep recession this year due to the coronavirus pandemic, despite the swift and comprehensive policy response at both EU and national levels. Because the lifting of lockdown measures is proceeding at a more gradual pace than assumed in our Spring Forecast, the impact on economic activity in 2020 will […]
Winter 2020 Economic Forecast: Offsetting forces confirm subdued growth
The Winter 2020 Economic Forecast published projects that the European economy is set to continue on a path of steady, moderate growth. The euro area has now enjoyed its longest period of sustained growth since the euro was introduced in 1999. The forecast projects that euro area gross domestic product (GDP) growth will remain stable […]