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Scope Ratings: 2020 output drop in Romania of 6.3%

As some of the first in Europe to lift lockdowns, Central & Eastern European countries should see growth rebound in 2H 2020. Uncertainties around the duration of the Covid-19 crisis and exposure to uneven Western European recovery are risks. Scope is not projecting full recovery in most countries in Central and Eastern Europe (CEE) to pre-crisis output levels until after 2021. Under Scope’s baseline scenario, the expected significant GDP ...

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