The EC fears that the economic consequences of COVID-19 will undermine the eurozone

A deep economic downturn and then an incomplete and uneven recovery in various countries due to the fight against the coronavirus pandemic can undermine the eurozone, said European Commissioner for Economics Paolo Gentiloni.

“A deep and uneven recession, followed by an incomplete and also uneven recovery, carries a real risk of worsening differences (between countries in the EU – ed.), Which could undermine the single market and the eurozone,” he said at a press conference.

On March 11, the World Health Organization announced an outbreak of a new coronavirus infection with the COVID-19 pandemic.

According to the latest WHO data, more than 3.6 million cases of infection have been recorded in the world, more than 254 thousand people have died.

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