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The COVID-19 crisis has taken a severe toll on Europe, leading its economy into its worst-recession on record in the second quarter. The ongoing pandemic, Brexit, and trade tensions with the U.S. will remain worries. However, European governments have managed the health crisis well and have aggressively used fiscal policy to support their economies. Join Mark Zandi, Petr Zemcik and the Moody's Analytics team as they consider the impact of all these cross-currents on our economic outlook for the European and global economies.

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