What will happen if 2020 is a bad year for the euro zone?

In the euro zone, 2020 is likely to be a bad year due to fiscal deficit reduction in the countries where deficits increased in 2019, the absence of any monetary policy leeway, the possible rise in oil prices, continued problems in the automotive sector and the deteriorating situation in major countries (United States, China). So what to expect for the euro zone? An acceleration in manufacturing job losses, dragging the economy down the value chain; An increase in social tensions; A possible departure from fiscal discipline (in Germany in particular); A possible resumption of quantitative easing by the ECB.