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March 30 202015.50 "Covid-19 has hit Europe with incredible ferocity. Although we don't know how long the crisis will last, we know that the economic impact will be serious." So the director of the EU department of the International Monetary Fund. "The foregone conclusion-continues Thomsen- is a deep European recession this year." "All EU countries will have to respond aggressively to the crisis, in a courageous and proportionate way". "If there is a right time to use available resources and policy spaces, this is the time," he saysVirus, IMF: deep recession in Europe
2020-03-30T14:07:17.578Z
15.50 "Covid-19 hit Europe with incredible ferocity. Although we don't know how long the crisis will last, we know that the economic impact will be serious." So the director of the EU department of the International Monetary Fund. "The foregone conclusion-continues Thomsen- is a deep European recession this year." "All EU countries will have to respond aggressively to the crisis, in a courageous and proportionate way". "If there is a right time to use available resources and policy spaces, this is the time," he says
Source: rainews