February 26, 2020 / 11:05 AM / a month ago

Too early to assess impact of coronavirus on EU economy -Commission

BRUSSELS, Feb 26 (Reuters) - It is still too early to assess the impact of the coronavirus outbreak on the European Union economy, the bloc’s economics commissioner Paolo Gentiloni said on Wednesday.

“An assessment and a serious forecast is not yet possible,” Gentiloni told a news conference in Brussels, acknowledging that there had already been “a partial materialisation” of the downside risks posed by the epidemic. (Reporting by Jan Strupczewski and Francesco Guarascio)

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