Governments throughout the European Union have started to announce and implement various fiscal measures to contain the economic fallout. In the euro area, the European Central Bank has reacted with strong monetary policy and supervisory measures announced on 12 and 18 March 2020. The resulting job losses and bankruptcies are likely to create major economic strains for millions in Europe and worldwide. ![]() ![]() The various lock-down measures in response to coronavirus have halted economic activity in certain sectors and harshly disrupted others. By Julia Anderson, Enrico Bergamini, Sybrand Brekelmans, Aliénor Cameron, Zsolt Darvas, Marta Domínguez Jíménez, Klaas Lenaerts, Catarina Midões
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