The European Union economy will fully recover from the crisis caused by the fight against the pandemic coronavirus, said the head of the European Commission Ursula von der Leyen at the Brussels economic forum
The EU plunged into its worst economic crisis in decades last spring.
“In 18 months, all EU countries will recover from the crisis. No one expected this just a few months ago”, – von der Leyen said.
She also recalled that according to the European Commission’s latest forecasts, EU GDP will grow by 4.2% this year and by 4.4% next year. This is the EC’s spring forecast, which has been improved over the winter estimates.
“And the figures are looking better and better as the year progresses”, – she stated.