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The European Union faces a deep and uneven recession, according to a new forecast from the EU’s Commission.
The bloc’s executive arm predicts a recovery in 2021 but warns that the uncertainty is exceptionally high.
The Commission predicts a decline in economic activity this year of 7.5%, and slightly more than that for the eurozone.
It warns the outcome could be worse if the pandemic turns out to be longer or more severe than currently envisaged.
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