Europe faces a deep and uneven recession, a new forecast from the EU Commission predicts.
The body predicted a recovery during 2021 but warned the uncertainty around its forecasts is exceptionally high.
Overall, the Commission expects a decline in economic activity this year of 7.5% - with the eurozone seeing a slightly bigger fall.
The UK is set to fare worse than most EU states, however, with an 8.3% decline expected by the EC.
But it warned things could be far worse if the coronavirus outbreak goes on longer than expected or becomes more severe.
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Commissioner for the economy Paolo Gentiloni called it "a shock without precedent since the Great Depression".
“It is now quite clear that the EU has entered the deepest economic recession in its history," he added.
But it won't be evenly spread, with how quickly lockdowns are lifted and the importance of services such as tourism to different countries affecting the outcome.
The deepest contraction is expected to be in Greece, at 9.7% - if true that would be worse than any year during the financial crisis.
Spain, Italy and Croatia are also predicted to see falls of more than 9%.
France’s economy is expected to shrink 8.2%, while Germany will see a 6.5% contraction and looks set to recover recover better too.
Poland is predicted to fare best - with a 4.3% decline - while Denmark, Austria and Luxembourg are also predicted to have falls of less than 6%.
As a result of the decline, unemployment is set to rise in every EU state.
Once again, Greece and Spain are set to be worse hit - with unemployment rates of 19.9% and 18.9% respectively.
And unsuccessful trade negotiations with the UK could increase the problem.
"The threat of tariffs [on traded goods] following the end of the transition period between the EU and United Kingdom could also dampen growth, albeit to a lesser extent in the EU than in the UK," the Commission said.
