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. The EU economy is forecast to contract by 7½% in 2020 and grow by around 6% in 2021.
Information and identifiers
Institutional Paper 125. May 2020. Brussels. PDF 216pp. Tab. Graph. Bibliogr. Free.
ISBN 978-92-76-16314-5 (online)
ISSN 2443-8014 (online)
JEL classification: E6
European Economy Institutional Papers are important reports analysing the economic situation and economic developments prepared by the European Commission's Directorate-General for Economic and Financial Affairs, which serve to underpin economic policy-making by the European Commission, the Council of the European Union and the European Parliament. Views expressed in unofficial documents do not necessarily represent the views of the European Commission.