The Covid-19 pandemic has drastically altered the outlook for European economies

Real GDP forecast % change in 2020

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fall

-10

-8

-6

-4

-2

0

Greece -9.7

Italy -9.5

Spain -9.4

Croatia -9.1

UK -8.3

France -8.2

Ireland -7.9

EU -7.4

Germany -6.5

World -3.5