News Archive

European Central Bank Frankfurt

Eurozone After the Coronavirus Pandemic: What are the Likely Scenarios?

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EconPol Event
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In the first online version of our series of joint CEPS and EconPol lunch debates, livestreamed online at 12.30 CEST on Friday 5 June, moderator Jennifer Baker (www.BrusselsGeek.com) will ask Luigi Bonatti (EconPol Europe, Università di Trento), Daniel Gros (EconPol Europe, CEPS) and Nicola Rossi (Università degli Studi di Roma) what likely scenarios the Eurozone will face after the coronvirus pandemic.

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Robots and Mitigation of the Risk of Covid-19 Contagion in the Workplace: Some Evidence From Italy

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EconPol Opinion
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When SARS-CoV-2 spread across the world, national authorities implemented novel and drastic measures to curb transmission: social distancing was introduced to preserve public health and slow down the spread of Covid-19, while in the workplace many economic activities were temporarility discontinued.

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The Impact of the COVID-19 Crisis on European Businesses: Evidence from Surveys in Austria, Germany and Spain

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Policy Brief
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A survey of German, Spanish and Austrian firms in the industry, services, retail trade and construction sectors finds that the overwhelming majority expect a negative impact of the corona-crisis on annual turnover (to the tune of 20% in Germany and Austria and 25-44% in Spain). The sub-sectors hardest hit are manufacturing of consumer durables and investment goods, services in the field of tourism and gastronomy and retailers selling neither food nor beverages.

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European Investment Bank

European Banks and the Covid-19 Crash Test

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Policy Brief
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The Covid-19 crisis is not a financial crisis but it can become a serious test for European banks’ strength and resilience: they are stronger today than they were on the eve of the 2007-2008 financial crisis, however the Covid-19 shock more closely resembles the Great Depression of the 1930s. This policy brief from Jézabel Couppey-Soubeyran (EconPol Europe, University Paris 1 Panthéon-Sorbonne, CEPII), Erica Perego (EconPol Europe, CEPII) and Fabien Tripier (EconPol Europe, Université Paris-Saclay (Univ.

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European Central Bank Frankfurt

Covid-19 Throws Us Into an Unprecedented Debt Crisis, But It’s One We Can Rise From

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EconPol Opinion
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The road to recovery is long and winding, says Stefano Schiavo (EconPol Europe, Università di Trento) but it's one we have to take: exceptional measures are needed to exit the economic crisis triggered by the coronavirus, which will see national governments at the forefront of business support and demand stimulation plans.This will lead to a sharp increase in public debt of dimensions never seen in the post-war period, but it's crucial to direct public spending towards initiatives that generate growth and contribute to solving future problems.

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