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Tags рецесија

Tag: рецесија

National Bank forecasts a drop of the Macedonian economy by 3.5% due to the coronavirus crisis

The national Bank projected a drop of the gross Domestic Product by 3.5% against the October expectations for growth by 3.8%. "Regarding the structure of the growth, a decline is expected both with domestic and exporting demands. In 2021, with the normalization of the economic ambiance, the growth of the economy is expected supported by all sources of growth....

World Bank expects a recession in Macedonia due to the coronavirus crisis

The Macedonian economy is facing with a recession and a projected negative growth of the GDP in 2020 of 0.4% if the coronavirus crisis end by the end of June and then the economy will start returning to normal, states the latest report issued by the World Bank titled as "The Fight against Covid-19". "Personal consumption ...

Japan enters recession

Japanese economy unexpectedly entered a recession in the third quarter. Therefore, Prime Minister Shinzō Abe is likely to abandon the infamous VAT increase and call new early elections, two years before the end of his mandate. In the third quarter, Japan’s economy weakened 0.4 percent, after dropping 1.9 percent in the period from April to June. Economists expected a growth...