The European Commission worsened the forecast decline in world GDP

This is stated in the updated report of the European Commission.

"The decline in world GDP in 2020 due to a pandemic will be greater than what we expected in the spring, and will reach 4%, recovery will begin in 2021 at the level of 5% of GDP," TASS quoted him as saying.

In May, the European Commission estimated the global economic downturn following the results of 2020 at the level of 3% of GDP.

Earlier, Central Bank Chairman Elvira Nabiullina said that the full return of Russia's GDP to the level of 2019 will occur only in the first half of 2022.