(ANSA) - ROME, JUN 18 - The European Central Bank (ECB) said
Wednesday that Italy was set to be among the hardest hit as it
forecast that the eurozone's GDP will drop by 8.7% this year in
the wake of the coronavirus emergency.
The central bank predicted that the area's GDP would bounce back
by 5.2% in 2021 and by 3.3% in 2022.
The ECB added that, in the worst-case scenario, the eurozone's
GDP would drop by 12.6%.
It said that, in addition to Italy, the other countries set to
be worst affected are France and Spain. (ANSA).
ECB sees big drop in eurozone's GDP, Italy among worst hit
Central bank forecasts negative growth of 8.7% this year