Every Friday, ELIAMEP’s Greek & European Economy Observatory publishes a summary of European and international economic developments on the coronavirus front. In the 11th Newsletter you can read:
- 37% of the ECB Pandemic Asset Purchase Programme has been used to purchase bonds of the South European Countries (Italy, Spain, Greece, Portugal), exceeding their total participation in the ECB’s capital (27,5%).
- The May 2020 report of the Bank of England has forecast that the UK economy will experience the deepest recession in 300 years.
- Global migration should be incorporated into the recovery strategy. Some countries, such as the UK, Italy, and Canada, will allow charter flights to bring in essential workers.
- Germany supports Greek tourism.
You can find the English version of the 11th Newsletter here.
Every Friday, the week’s newsletter will be posted on www.eliamep.gr and sent to those subscribed to ELIAMEP’s newsletter.