Natixis’ Dirk Schumacher quoted on European economic activity in Il Sole 24 Ore

Speaking to Il Sole 24 Ore, Dirk Schumacher, Natixis’ Head of European Macro Research, explains how Eurozone GDP will likely decline by 2.5% in 2020.

However, there is room for a recovery of a similar size in 2021 by virtue of commitments made by central banks and governments which at the moment equate to around 10% of GDP.

Read the full article in the print edition of Il Sole 24 Ore (20th March 2020).