About: http://data.cimple.eu/news-article/c138cd1221da67ffbd3d053e22b693a77224ac76e99c3c7ec0e70ea0

Facets (new session)
Description
Metadata
Settings
- owl:sameAs
- Inference Rule:

About: http://data.cimple.eu/news-article/c138cd1221da67ffbd3d053e22b693a77224ac76e99c3c7ec0e70ea0 Goto Sponge NotDistinct Permalink

An Entity of Type : schema:NewsArticle, within Data Space : data.cimple.eu associated with source document(s)

Attributes	Values
rdf:type	schema:NewsArticle
schema:articleBody	The eurozone economy will plunge 8.7 percent in 2020 due to the coronavirus crisis, the European Commission said Tuesday in more pessimistic forecasts that do not see a complete rebound next year. The new forecasts see the eurozone economy bouncing back by 6.1 percent in 2021, still leaving the region worse off than before the countries were forced to implement lockdowns in an attempt to contain the spread of COVID-19. "The economic impact of the lockdown is more severe than we initially expected," said Commission Vice President Valdis Dombrovskis in a statement accompanying the release of the updated forecasts. "Looking forward to this year and next, we can expect a rebound but we will need to be vigilant about the differing pace of the recovery," he added. Germany, the EU's biggest economy, is expected to see a 6.3 percent contraction this year and 5.3 percent growth in 2021. The economies of France, Italy and Spain will each contract by more than 10 percent, and then partially recover. France, the eurozone's second-largest economy, is expected to contract by 10.6 percent this year and grow by 7.6 percent in 2021. Italy, which should suffer a 11.2-percent drop this year, is only forecast to rebound by 6.1 percent in 2021. Spain's economy is seen as contracting by 10.9 percent before bouncing back by 7.1 percent. "The policy response across Europe has helped to cushion the blow for our citizens, yet this remains a story of increasing divergence, inequality and insecurity," said the EU's economy commissioner, Paolo Gentiloni. "This is why it is so important to reach a swift agreement on the recovery plan proposed by the Commission -- to inject both new confidence and new financing into our economies at this critical time," he added. bur-rl/spm
schema:headline	Eurozone economy to crash 8.7% in 2020: EU forecast
schema:mentions	Paolo Gentiloni Eurozone Vice president European Commission Nazi Germany Spain Italy Lockdown European Union France Severe acute respiratory syndrome coronavirus 2 Valdis Dombrovskis European debt crisis
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2020-07-07 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	negative sentiment
http://data.cimple...readability_score	57 (xsd:integer)
http://data.cimple...tology#hasEmotion	fear

Faceted Search & Find service v1.16.115 as of Oct 09 2023

Alternative Linked Data Documents: ODE Content Formats:

RDF

ODATA

Microdata

About

OpenLink Virtuoso version 07.20.3238 as of Jul 16 2024, on Linux (x86_64-pc-linux-musl), Single-Server Edition (126 GB total memory, 3 GB memory in use)
Data on this page belongs to its respective rights holders.
Virtuoso Faceted Browser Copyright © 2009-2025 OpenLink Software