{"id":5033,"date":"2020-05-11T12:01:00","date_gmt":"2020-05-11T12:01:00","guid":{"rendered":"http:\/\/0"},"modified":"2020-05-11T12:01:00","modified_gmt":"2020-05-11T12:01:00","slug":"eu-commission-previews-recession-for-2020","status":"publish","type":"post","link":"https:\/\/www.aacc.co.at\/en\/eu-commission-previews-recession-for-2020\/","title":{"rendered":"EU Commission previews recession for 2020"},"content":{"rendered":"<div class=\"vgblk-rw-wrapper limit-wrapper\">According to the EU economy preview, which was issued by the European Commission, the economy in European are <span class=\"Apple-converted-space\">&nbsp; <\/span>should- due to the Corona virus- in this year decrease for 7,7% and in all EU for 7,4%. However<span class=\"Apple-converted-space\">&nbsp; <\/span>next year an increase of 6,3% in European area and 6% in all EU is expected. For Austria the preview for the GDP decrease for 2020 is 5,5%, which will then in 2021 turn to an increase of 5%.<\/p>\n<p>This economy decline is expected in the first half of this year, precisely in the second quarter. Long term economy losses, as for instance insolvency cases, should<span class=\"Apple-converted-space\">&nbsp; <\/span>be prevented by the financial support of the governments and by the liquidity measures of the European Central<span class=\"Apple-converted-space\">&nbsp; <\/span>Bank ( EZB ).<span class=\"Apple-converted-space\">&nbsp;<\/span><\/p>\n<p>The unemployment rate should grow to 9,5% in European area <span class=\"Apple-converted-space\">&nbsp; <\/span>( EU 9%) , what means an increase of 2%, which should in 2021 again decrease to a total rate of 8%. The debt rate will go up the first time from 2014, from 86% (EU 79,4% ) in 2019 to 102,75% ( EU 95% ) in 2020. In 2021 this rate should go down again for 4%.<\/p>\n<p>The premise for the above preview is that the gradual annulment of the restrictive measures will begin<span class=\"Apple-converted-space\">&nbsp; <\/span>from May 2020 and that the pandemic will be in this way limited.<\/div>\n<p><!-- .vgblk-rw-wrapper --><\/p>\n","protected":false},"excerpt":{"rendered":"<p>According to the EU economy preview, which was issued by the European Commission, the economy in European are \u00a0 should- due to the Corona virus- in this year decrease for 7,7% and in all EU for 7,4%. However\u00a0 next year an increase of 6,3% in European area and 6% in all EU is expected.<\/p>\n","protected":false},"author":2,"featured_media":9000791,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[51],"tags":[],"class_list":["post-5033","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/www.aacc.co.at\/en\/wp-json\/wp\/v2\/posts\/5033","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.aacc.co.at\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.aacc.co.at\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.aacc.co.at\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.aacc.co.at\/en\/wp-json\/wp\/v2\/comments?post=5033"}],"version-history":[{"count":0,"href":"https:\/\/www.aacc.co.at\/en\/wp-json\/wp\/v2\/posts\/5033\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.aacc.co.at\/en\/wp-json\/wp\/v2\/media\/9000791"}],"wp:attachment":[{"href":"https:\/\/www.aacc.co.at\/en\/wp-json\/wp\/v2\/media?parent=5033"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.aacc.co.at\/en\/wp-json\/wp\/v2\/categories?post=5033"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.aacc.co.at\/en\/wp-json\/wp\/v2\/tags?post=5033"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}