Due to the situation with coronavirus recession becomes deeper, it threatens to tear the Eurozone apart, said the European Commissioner for Economics, Paolo Gentiloni in an interview with Welt. It is reported "Radio Sputnik".
He noted that the economies of Italy, France and Spain fall to 10-11% in Denmark, Poland, Sweden or Germany – 4-6%.
"the Latest economic figures are warning the recession is deeper than expected, and the economic development of countries in the Eurozone is becoming more and more uneven than expected in the spring. What we have always warned, confirmed: the recession because COVID-19 threatens to tear apart the Eurozone" leads "Radio Sputnik" the words of the Commissioner.
According to him, the EU should as soon as possible to coordinate the economic recovery plan to underpin confidence in national economies, which in and of itself can contribute to a more rapid recovery of the EU economy.
The world health organization in March declared the pandemic outbreak of novel coronavirus infection COVID-19. According to the latest who data, the world revealed more than 12.1 million cases of coronavirus, more than 551 thousand people died as a result of complications.
