Gross Value Added Fell 5.2% In Cyprus And 5.9% In EU In 2020 Due To Pandemic According To Eurostat

In 2020, the economic impact of the COVID-19 crisis caused the annual real rate of change in gross value added (GVA) to turn negative in 215 out of 219 NUTS 2 regions of the European Union for which data are available, according to information released by Eurostat, the statistical service of the EU.