3% EU GDP drop - IMF

Source: ANSA| 2020-03-31 08:54:44|Editor: ZD

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3% EU GDP drop every month without non-essentia services-IMF (2) Severe impact, deep recession says Thomsen

(ANSA) - New York, March 30 - The EU's GDP will drop an annual 3% every month its non-essential services are shut due to the coronavirus, International Monetary Fund Europe chief Poul Thomsen said Monday. He said the crisis would have a "severe" economic impact, triggering a "deep recession this year".