1. Car makers and parts producers: They oppose environmental standards. They say they won't be able to comply with existing and future EU laws and regulations within the applicable deadlines set in the regulations. Some of these regulations include the much-discussed new standards for CO2 emissions.

EU GDP shrank by 3.5% in the first quarter of 2020 versus the final quarter of last year when the region's economy was still expanding. Compared with the first quarter of 2019, the fall was 2.7%. The IMF expects EU GDP to fall by 7% this year

Stakeholders

European Commission

The motivation for joining AALEP depends on the company’s or member’s individual goals and objectives. They are not just limited to networking.   Here below are the major reasons for joining:

1. Networking

1. Real GDP Growth: -5.6% in 2020, 2.8% in 2021
2. GDP to contract at 40% annual rate in the second quarter
3. Federal Budget Deficit: $ 3.7 trillion
4. Federal Debt: 101% of GDP by end of September
5. Unemployment: 16% by end of third quarter, 10.1% at end of 2021
6. Loss of 27 million in the number of people employed, exit of roughly 8 million people from the labor force.
7. State and local governments budgets have been shattered by a plunge in tax revenues. New York City needs $ 7.4 billion in federal aid to offset economic losses.

1. The recovery period could take two to three years.
2. Customers may be subject to pre-flight health checks (temperature checks, health certificates) that may differ from country to country could be time-consuming and complicate flying schedules.
3. The wearing of masks might reassure passengers, but keeping middle seats empty would be challenging and reduce maximum seat capacity to below break-even levels.
4. Half of the airlines are bound to fail in two to three months without government help.

The coronavirus pandemic will push an additional 130 million people to the brink of starvation. When added to the 821 million people already chronically hungry, that scenario would push more than 1 billion people into dire situations.

These are the hungriest countries in the world.

% of GDP