Europe must be cautious in withdrawing support for businesses

in News · 28-10-2020 09:47:00 · 1 Comments

Bank of Portugal governor Mario Centeno said that the risks associated with winding down measures to support economies hit by the coronavirus pandemic were serious and European authorities must be careful in doing so.

New research shows over half of small and medium-sized companies in Europe fear for their survival in the coming 12 months, with one in 10 expecting to file for bankruptcy in the next six months.


Comments:

Only 1 in 10 going bancrupt sound awfully optimistic. Maybe we should strt thinking about opening up the economy, help ill people as good as we can and otherwise accept that old and unhealthy people might die from a disease of even the treatment.

By John Dough from Lisbon on 28-10-2020 12:37
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