• European Commission forecasts deeper slump amid 'more pronounced' economic divergences

Notícias do Mercado

7 julho 2020

European Commission forecasts deeper slump amid 'more pronounced' economic divergences

  • EU now sees 2020 GDP at -8.7% vs -7.7% back in the May forecast

  • Euro area economy probably shrank by 13.5% in Q2

  • There are 'several' risks to the economic outlook, tilted to the downside

  • Economic recovery will be uneven across member states

  • Euro area economic divergences are 'more pronounced'

  • German economy likely to shrink by 6.3% in 2020

  • Spain, France, Italy economies likely to shrink by more than 10% in 2020

China's June forex reserves rise to $3.112 trillion
Fed’s Bostic sees signs that economic activity is leveling off
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