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Euro zone economy to shrink between 8% and 12% in 2020: ECB chief

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May 27, 2020 3:59 PM

FRANKFURT (REUTERS) – The euro zone economy is likely to shrink between 8 per cent and 12 per cent this year as it struggles to overcome the impact of the coronavirus pandemic, European Central Bank President Christine Lagarde said on Wednesday (May 27).

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