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European Commission sees Russia’s GDP falling by 4.2% in 2020

MOSCOW, Nov 5 (PRIME) -- The European Commission has improved its outlook for Russia’s gross domestic product (GDP) decline in 2020 to 4.2% from 5% projected in May, the authority said on Thursday.

The GDP outlook for 2021 growth was improved to 2% from 1.6%.

The authority also provided the first outlook for GDP in 2022 with a 1.9% growth. 

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05.11.2020 13:34