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Europe should unlock excess saving from COVID-19 response

Europe should unlock excess saving from COVID-19 response
Recurso electrónico / Electronic resource
MAP20200014874
Boata, Ana
Europe should unlock excess saving from COVID-19 response / Ana Boata, Arne Holzhausen, Ludovic Subran. — Paris ; Munich : Euler Hermes : Allianz, 2020
3 p. . — (Allianz Research)
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.
1. COVID-19 . 2. Pandemias . 3. Consumo . 4. Ahorro financiero familiar . 5. Perspectivas económicas . 6. Recesión económica . 7. Interrupción de negocio . 8. Desempleo . 9. Europa . I. Holzhausen, Arne . II. Subran, Ludovic . III. Euler Hermes . IV. Allianz . V. Título.