But recovery will be swift
World Bank adjusts estimates to coronavirus impacts
Hungarian growth stood out, so contraction also will
Central bank and debt managment agency spring into action
Economic stimulus package could reach 18-22% of GDP
IMF money to be available also beyond 2020.
Erste Bank publishes revised forecasts for CEE
Economy is freezing up, while government is only pussyfooting
This is more of an economic psychological experiment than a prognosis
1.0% target does not even come up anymore
Painful recession looms, counter measures must be bigger, bolder!
Interesting response by the central bank to COVID-19 impacts, more to follow
Yet, it remains highly optimistic
Pessimistic scenario projects 7% contraction
Emerging Europe will suffer the same fate
Morgan Stanley: the question is not whether contraction will be 1% or 2%
If 2020 GDP growth is above zero, Varga will be happy
A view from the U.S.
Economic policy envisages recession, fiscal stimulus up ahead