Recession expected in many EU member states due to Covid-19 this year - Dombrovskis

  • 2020-03-18
  • LETA/TBT Staff
RIGA - Due to the restrictive measures introduced due to the spread of Covid-19, many EU economies are expected to fall into a recession this year, European Commission Vice-President Valdis Dombrovskis (New Unity) said in an interview with Latvian Television on Wednesday.  "It is clear that there will be problems. They will be quite serious. We see that, most likely, there will be a recession in many EU member states," Dombrovskis said. He added that for the time being it is not possible to make any accurate forecasts because the situatio...
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