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Growth: the four reasons for the gap between the United States and Europe

Posted on Apr 23, 2021, 7:47 AMUpdated Apr 23, 2021, 7:57 AM

During the epidemic, the economic game between America and Europe continues. And Europe continues to lose widely.

In 2020, the euro zone suffered a drop in its GDP twice as strong as the United States. And, in 2021, its rebound could be less than a third (4.6%, against 6.6%, according to the IMF). ” The United States is the only major country to exceed the level of GDP it was supposed to reach in 2022 if the pandemic had not occurred “, Notes Gita Gopinath, the IMF’s chief economist. The euro zone will, of course, also set off again, ” but at a slower pace ».

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