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Europe Daily Bulletin No. 12481

7 May 2020
Contents Publication in full By article 1 / 25
EU RESPONSE TO COVID-19
ECONOMY: entering worst recession in its history, EU hopes for a post-Covid-19 rebound as quickly as possible
Brussels, 06/05/2020 (Agence Europe)

The recession in 2020 due to the Covid-19 pandemic is the worst that the European Union has ever experienced, the European Commission said on Wednesday 6 May when it presented its spring economic forecasts, which take into account the economic situation observed and the emergency measures announced up to 23 April.

First, it is now quite clear that the EU has entered the deepest economic recession in its history. The EU economy is expected to contract by a record 7.4% this year, 7.7% in...

Contents

EU RESPONSE TO COVID-19
ECONOMY - FINANCE - BUSINESS
INSTITUTIONAL
SECTORAL POLICIES
EXTERNAL ACTION
COUNCIL OF EUROPE
NEWS BRIEFS