The Slovenia Times

Free Fall: EU Forecasts 5.1% Deficit, 2% GDP Contraction


While the GDP projection is largely in line with domestic forecasts, the deficit figure is significantly above the estimates that the deficit will hover just above 3% of GDP.

The figures are also a downgrade from the Commission's November forecast, when it projected a deficit of 3.9% of GDP and a 1.6% contraction in the economy.


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