recession

Global economy may face US$35 trln in losses over coronavirus – media

Experts stressed states should continue to pursue a policy of fiscal support for businesses to prevent an economic collapse.

15:40, 07.09.2020

EU facing its worst recession ever over coronavirus – media

New forecasts predict a 7.4 percent economic collapse and risks of even worse decline if the reopening triggers a second virus wave.

15:15, 07.05.2020

Ukraine faces deepening recession due to coronavirus lockdown: Reuters poll

Meanwhile, the government is trying to secure an $8 billion package from the IMF, conditional on reforms.

21:20, 06.05.2020

Coronavirus greatest test since World War Two, says UN chief – BBC

It could bring a recession "that probably has no parallel in the recent past".

09:40, 01.04.2020