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Parliamentary questions
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15 June 2020
Question for written answer
to the Commission
Rule 138
Eva Kaili (S&D)
 Subject: Europe’s economic outlook as a result of COVID-19, and the pandemic’s asymmetric impact on Member States

According to the OECD’s latest Economic Outlook of June 2020, the COVID-19 pandemic is an unprecedented global health crisis with serious consequences for all economies across the world. However, not all economies will face the same negative GDP growth rate, sharp increase in the unemployment rate or slow output recovery.

GDP for the euro area is expected to plunge by 11.5 % this year if there is a second wave, and by over 9 % even if a second outbreak is avoided, while GDP in the United States will take a hit of 8.5 % and 7.3 % respectively, and China just 3.7 % and 2.6 %. Bearing in mind that European Member States responded to the COVID-19 pandemic in an uncoordinated way, the EU outlook based on the average of Member State outlooks comes as no surprise.

In light of the above:

1. Does the Commission agree that Member State policy decisions were conditional upon resource availability, which ultimately affected the unfavorable average outlook for the EU?

2. Will the Commission consider establishing an EU body that will prepare coordinated action across the EU in the event of a similar crisis?

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