(ANSA) - ROME, MARCH 29 - "In the fourth quarter of 2020, economic activity in the euro area decreased less than expected but the recovery of production rates is expected to start from the second quarter of 2021".
This was announced by the joint note of Istat, Ifo and Kof 'Eurozone economic outlook'.
In the fourth quarter of 2020, euro area GDP fell by 0.7%, the statistical institutes note, while the fall in economic activity in 2020 was 6.6%.
(HANDLE).
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