Centro de Documentacion de Fundación MAPFRE - European investment

Publication: London [etc.] : Savills Research, 2020Physical description: 6 p.Series: (Spotlight ; May 2020 )Notes: Sumario: As health professionals point to falling coronavirus cases across much of Europe, questions are mounting as to the speed of return to normal working practices and the impact on the economy. Government stimulus packages are keeping Europe's economy on life support, with public debt levels forecast to rise by an average of c20% in the Eurozone (EZ) area, in order to maintain employment levels through furlough schemes. The optimism for a V shaped recession with a strong bounce back is waning, with the unemployment rate forecast to rise from 7.4% at end 2019 to 9.3% by the end of 2020. GDP growth figures during the first quarter of the year showed -5.8% for France, -5.2% for Spain, whilst Germany is expected to be the least affected major European economy. However, we expect the true depth of the negative spike to be revealed in the Q2 2020 figures as the full weight of the lockdown only came into play during the second half of March. On a brighter note, a number of European economies are beginning to lift some lockdown restrictions as office workers gradually return to the workplace.Materia / lugar / evento: COVID-19 Coronavirus Pandemias Política económica Impacto económico Perspectivas económicas Deuda pública Empleo Recesión económica Inversiones Unión Europea Otros autores: Savills Research
Secondary series: Spotlight ; May 2020 Other categories: 921.4

European investment - may 2020