Denmark to face smaller recession than EU


Restrictions eased: Denmark started rolling back its curbs on movement last month, and has since reopened much of the economy. — AFP

COPENHAGEN: Denmark’s economy will contract less than the European Union (EU) on average this year, after it eased restrictions on movement earlier than many other countries.

Gross domestic product will shrink 5.3% in 2020, the Finance Ministry in Copenhagen said, according to documents seen by Bloomberg before the official publication.

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