Τhe 14th Newsletter is out and in this latest issue you can read:
- The number of people who live in extreme poverty (under $1.90/day) is expected to rise dramatically according to the World Bank.
- Spain announced financial support of 4,3 bn euros for the tourism industry, of which 2,5 bn will be provided as grants.
- France and the Netherlands provide 10,3 bn euros of state aid to Air France-KLM. The French government has attached ‘green strings’ to its bailout, requiring the airline to commit to halving its carbon dioxide emissions (per passenger and per kilometre) relative to their 2005 level, by 2030.
- Most existing start-ups face significant challenges due to COVID-19, as they are more vulnerable than older firms to the shock brought by the pandemic.
- The African continent has proved its resilience despite multiple warnings of the Western world for an imminent humanitarian crisis in the continent. African economies are becoming increasingly competitive and Sub-Saharan Africa’s population is expected to increase from 1.1 to 1.4 billion by 2030.
- Though there will be permanent losses associated with Brexit, their significance will fade over time, and the devastating economic damage of Brexit will be concealed as a consequence of COVID-19. If there is no easily discernible negative Brexit effect, anti-EU nationalism might re-appear, hailing exit from the EU as the right way to go.
You can find the English version of the 14th Newsletter here.
Every Friday, the week’s newsletter will be posted on www.eliamep.gr and sent to those subscribed to ELIAMEP’s mailing list.