ECB: GDP to trough at -15%, foreign demand to drop -19% in severe coronavirus scenario

<p>In ECB’s bulletin published two, three scenarios of the economic impact of coronavirus pandemic are presented. In the severe scenario, GDP contraction could trough by -15% in Q2. Foreign demand could contract -19% this year, without returning to pre 2019 level until end of 2022. In the mild scenario, strict lockdown is relatively short-lived, ending […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/live-comments/291752-ecb-gdp-to-trough-at-15-foreign-demand-to-drop-19-in-severe-coronavirus-scenario/">ECB: GDP to trough at -15%, foreign demand to drop -19% in severe coronavirus scenario</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>