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April 09, 2020 Moody's expects a 2.7% drop in Italian GDP in 2020 due to the impact of the coronavirus, followed by a rebound of 2.1% in 2021. Germany will do worse, whose GDP will drop by 3% in the 2020 to rise by 2.5% in 2021, while France and Spain will contain the decrease, respectively, to 1.4% and 1.8% in 2020 to recover by 1.8% and 2.5% . These are the new estimates on the effects of the pandemic in the Eurozone, at the base of the cut in the GDP of the single currency area from -1.2% to -2.2% communicated yesterday by Moody's.