Regional Economic Outlook for Europe In the new Regional Economic Outlook for Europe, the IMF projects economic growth will rebound by 4.5% this year. This page provides - Euro Area GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Europe and Central Asia Economic Update, Spring 2020 : Fighting … h�b```f``��\�B ���� ifo Economic Forecast Spring 2020: Economy Collapsing As things stand, the German economy could shrink by 1.5 percent this year. %%EOF The Spring 2020 Economic Forecast projects that the euro area economy will contract by a record 7¾% in 2020 and grow by 6¼% in 2021. Spring 2020 Economic Forecast: A deep and uneven recession, an uncertain recovery, Spring 2020 Economic Forecast - Statistical annex, Statistical annex to European Economy Spring 2020, General Government Data - Part I: Tables by country Spring 2020, General Government Data - Part II: Tables by series Spring 2020, Cyclical Adjustment of Budget Balances Spring 2020, Box.1: Some technical elements behind the forecast, This site is managed by the Directorate-General for Communication, Spring Economic Forecast 2020 infographic, EC online press conference by Commissioner Paolo GENTILONI on the Spring economic forecast, Aid, Development cooperation, Fundamental rights, About the European Commission's web presence, Follow the European Commission on social media. EUROCONTROL Five-Year Forecast Update 2020- 2024 Document Confidentiality Classification: White 2 Traffic trends: 65% fewer flights in March-October 2020 than the same period 2019 Economic growth: Strong downward revision of the economic forecast (Oxford Economics October 2020 release) Three separate scenarios to account for COVID-19 impact and The Economic and Financial Affairs Council approved a recommendation on the economic policy of the euro area for the year 2020. Europe and Central Asia Economic Update, Spring 2020 : Fighting COVID-19 World Bank (2020-04-09) In February 2020, the coronavirus outbreak interrupted the recovery that was underway in the Europe and Central Asia region earlier in the year. More Gross domestic product outlook The Development Committee (DC) is the Joint Ministerial Committee of the Boards of Governors of the Bank and the Fund. h�bbd```b``��� �q�d��LO��� 2=H2V�� I�� �:s���$�M``����Q�@� �( The recommendation will be formally adopted by the European Council in March. Growth … The EU economy is forecast to contract by 7½% in 2020 and grow by around 6% in 2021. Gian Maria Milesi-Ferretti, Deputy Director, Research Department, IMF . 240 0 obj <>stream https://www.rte.ie/.../2020/0506/1136745-ireland-economy-eu https://www.statista.com/.../coronavirus-european-gdp-growth European Semester 2020: Council recommendation on the economic policy of the euro area (press release, 18 February 2020) 2019 According to the European Commission’s Spring 2020 Economic Forecast, the discretionary fiscal measures amount to 3.25% of GDP at the aggregate euro area level. The Economic and Social Impact of COVID-19 WESTERN BALKANS REGULAR ECONOMIC REPORT No.17 | Spring 2020 WESTERN BALKANS OUTLOOK The RER No. This year the DC will meet virtually on Friday, April 17 at 6:30am ET. January 9, 2020. This projects that the euro area economy will contract by a record 7¾% in 2020 and grow by 6¼% in 2021. Early spring lockdowns, voluntary social distancing, and associated disruptions in supply chains and lower demand led to a record collapse in economic activity. The views expressed in this publication are those of the IMF European Logistics Outlook – Spring 2020 27 March 2020. ... Capital Economics forecast that the Eurozone economy will contract by 10–15% q/q in Q2 2020 as numerous businesses come to a standstill, and governments will have no choice but to provide support to businesses and households on an unprecedented scale. That will be published in two parts 7¾ % in 2020 and grow by around %... 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