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Europe Daily Bulletin No. 12464

9 April 2020
EXTERNAL ACTION / Wto
Predictions of world trade at half staff, but Mr Azevêdo believes a rapid recovery is possible
Brussels, 08/04/2020 (Agence Europe)

In its annual forecasts, published on Wednesday 8 April, the World Trade Organisation (WTO) expects a fall in world trade of between 13% and 32% in 2020, according to its COVID-19 health crisis exit scenarios.

A contraction in trade probably greater than the one caused by the 2008 financial crisis.

"These numbers are ugly – there’s no way around that”, the organisation’s director-general, Roberto Azevêdo, admitted the same day during a video conference. But he wants to believe...

Contents

EXTERNAL ACTION
EU RESPONSE TO COVID-19
SECTORAL POLICIES
INSTITUTIONAL
COURT OF JUSTICE OF THE EU
ECONOMY - FINANCE - BUSINESS
COUNCIL OF EUROPE
Op-Ed
NEWS BRIEFS