Euro-Area Economy Closer to ECB’s Worst-Case Estimates, Lagarde Says
European Union flags fly outside the European Central Bank headquarters in Frankfurt, Germany. (Photographer: Alex Kraus/Bloomberg)

Euro-Area Economy Closer to ECB’s Worst-Case Estimates, Lagarde Says

(Bloomberg) -- The euro-area economy is faring worse than hoped, facing a recession as bad as the European Central Bank’s more pessimistic forecasts.
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