i will have an exclusive interview with valdis dombrovskis at 8:00 a.m.n new york, so don't miss that. any charts we use throughout the show, go to gtv on the terminal and check it out. gtv . this is bloomberg. ♪ ritika: this is "bloomberg daybreak." the turnaround for rolls-royce has been derailed by the coronavirus pandemic. they will cut 70% of their 17% ofce, about 9000 -- their workforce, about 9000 jobs. shares of lenovo rose the most in almost a year. the company says its core personal computer and data center division should resume revenue growth this quarter. the world's largest pc maker reported revenue in the latest quarter dropped a smaller than expected 10%. goldman sachs is a reopening seven of its european offices. staffers must complete a health survey and wear masks in communal areas, and when entering and leaving the building. meanwhile, citibank is saying thanks to its employees. they've been told they can take this friday off. those who have to work will get an extra day off later. that will be your bloomberg -- that is your b

joining me for an exclusive ,nterview is valdis dombrovskis european commission vice president. you. you expect a rebound in growth to about 6.3% next year. what needs to happen within europe to get there? mr. dombrovskis: indeed, if you look at our spring economic forecast with regards to the euro area, we expect a 7.7% recession this year, and quite strong rebound next year of 6.3%. this forecast is based on a scenario which foresees that confinement measures are concentrated in the first half thenis year, and we expect gradual lifting of confinement measures in the second half of the years, and also gradual resumption of economic activity, which then allows for the economy to rebound quite strongly next year. but at the end of the day, what thisportant is that scenario materializes. alix: i guess the question is what support do we need to see to get us there. during the press conference, the european commissioner said you are discussing a possibility of an intervention of a pan-european tool. does that mean you would be looking at taking a stake in struggling companies, and e