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According to the optimistic version, which calculates that the second wave of the epidemic successfully being managed without the economy having to shut down, GDP could fall by 4% this year and then grow by 2% next year.

According to the pessimistic scenario, the recession will be 8% this year and will rise 3% from this lower base next year.

In the optimistic scenario, real earnings could grow by 6.2% this year and 2% next year.

In the pessimistic version, real wage growth is expected to be 5.4% for this year and only 0.5% by 2021.