The Organisation for Economic Co-operation and Development (OECD) said Wednesday it was expecting the GDP of the euro area to shrink by 7.9 percent in 2020
MOSCOW (Pakistan Point News / Sputnik - 16th September, 2020) The Organisation for Economic Co-operation and Development (OECD) said Wednesday it was expecting the GDP of the euro area to shrink by 7.9 percent in 2020.
In June, the OECD was expecting a 9.1 percent decrease in case the second wave of the COVID-19 was avoided and 11.5 percent decrease if it returned.