Centro de Documentacion de Fundación MAPFRE - Europe should unlock excess saving from COVID-19 response

Publication: Paris ; Munich : Euler Hermes : Allianz, 2020Physical description: 3 p.Series: (Allianz Research)Notes: Sumario: We estimate that in Europe, household saving rotes could increase by as much as +20pp to 36% on average in Q2 2020. This means EUR1.3tn of additional savings, or 10% of GDP. Total savings could peak at EUR2.3tn. In 2009, sovings in the EU28 jumped by EUR100bn, wíth o total of EUR1.ltn of total savings (annualized) seen ot the trough of the crisis. Materia / lugar / evento: COVID-19 Pandemias Consumo Ahorro financiero familiar Perspectivas económicas Recesión económica Interrupción de negocio Desempleo Europa Otros autores: Holzhausen, Arne
Subran, Ludovic
Euler Hermes
Allianz
Other categories: 921.4