UBS says Eurozone economy appears to be heading towards a double-dip recession
Summary
By sueyangfx.com January 11, 2021 at 11:26AM UBS revises lower its 2021 GDP growth forecast for the euro area In a note, economists at the firm says that there is a high risk of a contraction in both Q4 2020 […]
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January 11, 2021 at 11:26AM
UBS revises lower its 2021 GDP growth forecast for the euro area
In a note, economists at the firm says that there is a high risk of a contraction in both Q4 2020 and Q1 2021 for the Eurozone economy, due to new coronavirus restrictions. Thus, leading to a double-dip recession to start the new year.