VIDEO: Recession to trigger long European demand slump
ICIS Editorial
30-Mar-2020
LONDON (ICIS)–Power reporter Chetan Patel explains the long-term impact of a global recession on power demand.
• Coronavirus-driven headwinds signal economic contraction across Europe
• Collapsing business activity to accelerate long-term demand slump as PMI crashes to historic lows
• Sentiment to remain the key price driver in the short-to-medium term as demand collapses
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