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EBRD substantially downgrades economic forecast for Slovenia

London, 1 October - The European Bank for Reconstruction and Development (EBRD) has projected a 7.5% contraction of Slovenia's GDP in 2020 in a forecast that was released on Thursday and downgrades the May forecast by 2 percentage points. Partial recovery is expected in 2021 when the economy is projected to grow by 3.5%, which compares to 5% in the May forecast.

Slovenian flags.
Photo: Tamino Petelinšek/STA

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