European Commission
| Use attributes for filter ! | |
| Total members | 28 |
|---|---|
| Current college | Juncker Commission |
| First Vice-President | Frans Timmermans |
| Presidents | Jean-Claude Juncker |
| Working languages | French |
| German | |
| Role | Executive branch |
| Date of Reg. | |
| Date of Upd. | |
| ID | 1346560 |
About European Commission
The European Commission is the executive branch of the European Union, responsible for proposing legislation, implementing decisions, upholding the EU treaties and managing the day-to-day business of the EU.
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... " In the wake of the Media Matters allegations, the European Commission, Warner Bros Discovery, Paramount and Lionsgate have also pulled ad dollars from X...
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Coronavirus: the worst economic crisis since the 1930s depression, IMF says
Three-quarters of The World 's workers have their workplace in the vicinity, at least partially, during the pandemic, the UN says
The Corona-Virus-pandemic is, in turn, warned the global Economic Growth , "significantly negative" in this year, The Head of The International monetary Fund (IMF).
Kristalina Georgieva Said The World is facing its worst economic Crisis since The Great Depression of The 1930S .
it predicts that by 2021, only a partial recovery would be.
locks have imposed, have forced the governments, many businesses close and employees redundant.
earlier This Week , a UN study Said 81% of the working population in The World 3. 3 billion people, had closed their work in whole or in part, because of the outbreak.
Kristalina Georgieva , the IMF Managing Director , made the grim assessment in remarks ahead of next week's IMF and World Bank spring meeting.
Emerging and developing countries would be the strongest, She Said , require hundreds of billions of dollars of foreign aid.
"only three months ago, we have the expected positive per capita income growth in More Than 160 of our member States in the year 2020," She Said .
"is Today, this number has been turned on its head: we predict that More Than 170 countries, the negative per capita income growth in this year. "
she added: "In fact, we expect the worst of the economic impact since The Great Depression. "
Kristalina Georgieva , Said that if the pandemic relaxed in the Second Half of the year 2020, the expected IMF to see, with a partial recovery in the next year. But they warned that The Situation could also deteriorate.
"I stress, there is enormous uncertainty about the Outlook. It could be worse, depending on many variable factors, including the duration of the pandemic," She Said .
her comments came as she reported to US that by 6. 6 million, bringing the total number in this period to More Than 16 million Americans.
The US Federal Reserve Said it would unleash an additional $2. To help 3tn in lending to limitations on activity, contain the Corona Virus had forced many companies to close, and represent about 95% of Americans on some form of lockdown.
Separately, the UK-based charity organisation Oxfam warned that it could force More Than half a billion more people into poverty.
by The Time the pandemic is over, The Charity Said that half of The World 's population of 7. 8 billion people live in poverty.
2021 would have only Said a partial recovery, Kristalina Georgieva ,On Thursday, following marathon talks, EU leaders agreed to a €500bn (£440bn; $546bn) economic support package for the members of The Bloc most of the lockdown measures.
I Said , The European Commission , it has the exact coordinate to a possible "roadmap" to Move Away from the restrictive measures.
at the beginning of This Week that the pandemic was "The Most serious Crisis " since The Second World War .
He Said the outbreak was expected to wipe out 6. 7% of The Time in The World in The Second quarter of 2020 - the equivalent of approximately 195 million full-time workers who lose their jobs.
Last month
Secretary - General Angel Gurría Said that people were suffering economies, a greater shock, when, after the 9/11 terrorist attacks of 2001 or the financial Crisis of 2008.
unemployment, recession, coronavirus pandemic, global economy
Source of news: bbc.com
