[Breaking] ECB Forecasts Eurozone Economy to Contract by -8.7% This Year... Rebound by 5.2% Next Year

[Asia Economy Reporter Kim Ga-yeon] Christine Lagarde, President of the European Central Bank (ECB), stated on the 4th (local time) that the economic growth rate in the European region is expected to reach minus 8.7% this year and grow by 5.2% next year.