1. Divergence actuelle des taux d’intérêt au sein de la zone monétaire.

The European Union is looking at ways to get the economy back on its feet next year after what is expected to be the 27-nation bloc's deepest ever recession, caused by the coronavirus pandemic. The economic recovery will be long, difficult and costly. It will not be like turning on a switch, only a matter of a few days, or weeks, or even months. It takes time to open shops, restaurants, to restore the production capacities of  industrial companies.

The COVID-19 pandemic has wreaked havoc on the world economy and cast a staggering gloom over growth prospects far and wide, incurring a short-term collapse in global output and widening tolls on various industries and the masses.

Global growth will turn "sharply negative" in 2020, as COVID-19 has disrupted the world's social and economic order at lightning speed and on a scale that we have not seen in living memory. In fact, the IMF anticipates the worst economic fallout since the Great Depression.

GIVE ME YOUR TIRED, YOUR POOR…

Written on the Statue of Liberty

The worldwide COVID-19 pandemic has had a devastating impact on the airline industry, unlike anything the world has seen since the end of World War II. As of late March, it is unclear what the post-pandemic airline industry will look like, but the two main factors in the industry’s future will almost certainly be the duration of the pandemic and the state of the global economy after the pandemic ends.

72 percent of companies employing fewer than 5 employees and 51 percent of companies with a turnover of under 500,000 euros are now at grave risk of financial collapse in France.

63 percent of failing companies have a share capital of less than 10,000 euros. Of those, 58 percent were already in the red for the previous two years.

Companies most affected were those forced to stop as a result of the confinement, notably retail, construction, public works, bars, restaurants, hairdressers, body care specialists and advertising agencies.

Source: McKinsey & Company

The COVID-19 pandemic  in Africa is already disrupting millions of people’s livelihoods, with disproportionate impact on poor households and small and informal businesses—and the pace of this disruption is likely to accelerate in the weeks ahead. Africa’s GDP growth in 2020 could be cut by three to eight percentage points. The pandemic and the oil-price shock are likely to tip Africa into an economic contraction in 2020, in the absence of major fiscal stimulus.

Policies that can help to sustain and improve health system performance, maintaining access and quality and improving cost-effectiveness :

Author: Francesco Giubilei

Since the birth of the European Union, there has been an intense debate about the possibility of creating a two-track Europe, divided between the Mediterranean nations and those of Northern Europe. Supporters of this solution argue that the differences between these two parts of Europe are irreconcilable, in terms of their lifestyle, in the way society is conceived, and especially in the mentality of citizens. The possibility of division first appeared in Greece during the 2008 crisis, and it now seems to be intensifying with the coronavirus emergency.

Author: Mathias Goldmann

Governments, economists and intellectuals have called for common European bonds or increased own EU funds to address the recession induced by Covid19. Unfortunately, the German government, joined by the other members of the “Frugal Four” (Austria, Finland, the Netherlands), has categorically rejected to look into any such measures .

Purpose and Use of Proceeds of Corona Bonds