-
Corona virus is shrinking economy
Economic forecast by the federal expert group - spring 2020 - the expert group expects Switzerland to fall into recession in 2020. The spread of the new corona virus at home and abroad temporarily shuts down parts of the economy. Provided that the epidemiological situation stabilizes, the economy should gradually recover from the second half of the year. In this case, GDP growth would be high in 2021, but it would still not be possible to achieve the previously expected level of GDP. The forecasting uncertainty is currently exceptionally high. The expert group of the federal government forecasts a drop in GDP ... (full story)
- Comments
- Subscribe
- Comment #1
- Quote
- Mar 19, 2020 10:06am Mar 19, 2020 10:06am
- Hurst
- | Commercial Member | Joined Aug 2014 | 1123 Comments
- Comment #2
- Quote
- Mar 19, 2020 11:02am Mar 19, 2020 11:02am
- RossEdwards
- Joined Jun 2019 | Status: Member | 3299 Comments
Warning: A Dangerous Subversive: 1% of comments CoCed