joining me from brussels is paolo gentiloni -- paolo gentiloni, former european commissioner for thethank you for giving us a little bit of time to our broadcast. the commission said there would be a 7.7% contraction in output this year. since then, economies have reopened. would you stick to that forecast, or could it be better or worse? i think the forecast was reasonable. this was the baseline. at the have risk downside and even with the better situation. for the time being, this forecast is rather reasonable. the ecb has a similar forecast with 8.2 negative growth this year. the real question mark on this forecast is what we are predicting as a rebound for next year. we are predicting forecasting a seven, or six points, and this is connected to how theng and fast will recovery be. this depends on how the consumers and the population will react, but also it will depend on decisions. as money decision such being pumped into the economy? we had this proposed economic recovery plan, which was important in terms of figures, 750 billion euros of joint debt issuance. foreign countries a