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Full recovery from euro zone's recession will take two years or more: Poll

About 85% of economists in the poll said the risk the job recovery reverses by year-end was high

loss, economy, shares, stocks, market, investment, savings, gdp, growth, revenue

Much will depend on how the job market performs from now on

Reuters Bengaluru
A full bounceback from the euro zone's deepest recession on record will take two years or more, according to a Reuters poll of economists who also said there is a high risk the job recovery underway reverses by the end of 2020.
Europe was badly hit earlier this year by the coronavirus pandemic, which has now infected more than 22 million people globally. But stringent lockdowns and contact tracing helped get the numbers down and allowed swift re-openings.
Along with trillions of euros' worth of European Central Bank stimulus and a 750 billion euro European Union recovery fund that kicks in next

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First Published: Aug 20 2020 | 5:04 PM IST

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