EUROPE: Political risks to managing second waves
Countries that have loosened restrictions for more than two weeks have not seen a dramatic increase in cases, but localized outbreaks are becoming more and more common. The broad public support for lockdowns might not exist anymore in a possible second wave, which might lead… Become a member to read the rest of this […]
EUROPE: Political risks to managing second waves
Continued ECB activity has bought EU policymakers time to deliver a response to the economic fallout from Covid-19.
From a Brussels perspective, the biggest challenges are timing and coordination.
Beyond fiscal constraints, domestic politics and institutional capacity pose the biggest hurdles for delivering effective and timely economic recovery packages in several countries.