Europe and the Great Lockdown: Economic Outlook & Policy Priorities to Reopen the EU Economy

The COVID-19 pandemic is the biggest shock to the global economy since the financial crisis of 2008. All around the world, unprecedented steps were taken to combat the virus and to protect workers and businesses while economy activity froze. As the European economy progressively starts opening again, it is time to assess the economic consequences of the pandemic, the effectiveness of EU’s policy response, but also authorities’ plans to boost resilience and restart economic activity, preventing a new prolonged period of sluggish growth. Join two top EU economists and Dimitrios Rakitzis, Senior Economist, ECB Representation in Washington, D.C. as they discuss the outlook for the European economy, the key measures taken by the European Union and its Member States, and some of the risks still facing the global economy. (Program funded by the European Union)