Publication 01 May 2020 - Alternative scenarios for the impact of the COVID-19 pandemic on economic activity in the euro area - Prepared by Niccolò Battistini and Grigor Stoevsky
The outbreak of the COVID-19 pandemic has dramatically affected global economic activity since early 2020. The rapid spread of the novel coronavirus (COVID-19) has required drastic measures to be taken, ranging from social distancing and the banning of public events to shutdowns, lockdowns and restrictions on numerous activities.