EU Forecasts Recession of Historic Proportions

B2 – Upper Intermediate

The European Union’s economy chief Paolo Gentiloni said that Europe is going through a sharp economic downward spiral; something the continent has not experienced since the Great Depression.

As the Coronavirus pandemic continues to affect member countries, the EU gears up for a recession of epic proportions.

Read more about this news on this imminent economic recession from the link below:

https://www.euronews.com/2020/05/06/eu-forecasts-recession-of-historic-proportions-this-year

Discussion Questions:

  1. What conditions and consequences might this deep recession have in different member states?
  2. What economic damages has the spread of Coronavirus done on the economy of your country?
  3. How is your government preparing for this deep recession?
  4. Talk about other times your country was in recession. How did it affect your country and you or your family directly?
  5. Explain your understanding of the V-shape and Nike swoosh recovery.
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