The EC announced the deepest economic recession in EU history

“Now it’s clear that the EU has entered the deepest economic recession in its history,” he said.

Earlier, the European Commission announced the inevitability of a deep recession in the EU in 2020 due to measures to combat COVID-19.

At the end of March, the IMF noted that the world economy went into recession, which is similar to the one that was during the financial crisis of 2008-2009.