Europe should unlock excess saving from COVID-19 response

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<rdf:Description>
<dc:creator>Boata, Ana</dc:creator>
<dc:creator>Holzhausen, Arne</dc:creator>
<dc:creator>Subran, Ludovic</dc:creator>
<dc:creator>Euler Hermes</dc:creator>
<dc:creator>Allianz</dc:creator>
<dc:date>2020-04-22</dc:date>
<dc:description xml:lang="en">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. </dc:description>
<dc:format xml:lang="en">application/pdf</dc:format>
<dc:identifier>https://documentacion.fundacionmapfre.org/documentacion/publico/es/bib/171546.do</dc:identifier>
<dc:language>eng</dc:language>
<dc:publisher>Euler Hermes</dc:publisher>
<dc:rights xml:lang="en">InC - http://rightsstatements.org/vocab/InC/1.0/</dc:rights>
<dc:subject xml:lang="en">COVID-19</dc:subject>
<dc:subject xml:lang="en">Pandemias</dc:subject>
<dc:subject xml:lang="en">Consumo</dc:subject>
<dc:subject xml:lang="en">Ahorro financiero familiar</dc:subject>
<dc:subject xml:lang="en">Perspectivas económicas</dc:subject>
<dc:subject xml:lang="en">Recesión económica</dc:subject>
<dc:subject xml:lang="en">Interrupción de negocio</dc:subject>
<dc:subject xml:lang="en">Desempleo</dc:subject>
<dc:subject xml:lang="en">Europa</dc:subject>
<dc:type xml:lang="es">Libros</dc:type>
<dc:title xml:lang="en">Europe should unlock excess saving from COVID-19 response</dc:title>
<dc:format xml:lang="en">3 p.</dc:format>
<dc:coverage xml:lang="en">Europa</dc:coverage>
</rdf:Description>
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