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Subscriber OnlyBusinessEconomicsEurope Sees Deeper Slump in New Warning on Uneven Virus HitEU forecasts 8.7% euro-area slump in 2020, 6.1% growth in 2021Divergences between countries will be more pronouncedByAlexander Weber+FollowJuly 7, 2020, 8:00 AM UTCUpdated onJuly 7, 2020, 9:40 AM UTCSign up here for our daily coronavirus newsletter on what you need to know, and subscribe to our Covid-19 podcast for the latest news and analysis.Europe’s economy will suffer more than previously estimated this year and take longer to recover because of a slow easing of coronavirus restrictions, according to the bloc’s executive arm.
