Köz-gazdaság
This papers looks into the impact of the Covid-19 pandemic on the European Union. The current crisis found European economies in very different situations regarding their economic fundamentals and fiscal capacities to support their economies. Thus, the need for a strong EU level policy response eme...
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| Format: | Article |
| Language: | English |
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Corvinus University of Budapest
2020-09-01
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| Series: | Köz-gazdaság |
| Online Access: | http://www.retp.eu/index.php/retp/article/view/1201 |
| Summary: | This papers looks into the impact of the Covid-19 pandemic on the European Union. The current crisis found European economies in very different situations regarding their economic fundamentals and fiscal capacities to support their economies. Thus, the need for a strong EU level policy response emerged. Europe has learned its lessons from the previous crisis and acted decisively and in a coordinated fashion. The paper discusses these policy responses and some of the longer-term challenges of the current crisis.
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| ISSN: | 1788-0696 |