The Euro area has experienced a spectacular fall in economic activity during the corona crisis. Yet some countries have been hit harder than others, and the economic rebound is likely to be asymmetrical. Hear why in this podcast with Chief Analyst Jan von Gerich and Analyst Inge Klaver.
Podcast summary with time stamps:
0:35: Like other parts of the world, the Euro area has also been hit hard by the pandemic. What’s been the overall economic impact, and what’s our outlook going forward?
3:40: The ECB has really stepped in in this crisis. What’s been the impact, and what can we expect from the ECB going forward?
6:20: While all Euro area countries will be hit by the crisis, the economic damage and subsequent rebound will be asymmetrical. How so?
9:15: Is support from the ECB enough, or is there a need for EU-level measures on the fiscal side as well?
14:04: The German Constitutional Court has raised questions about the ECB’s purchase programmes. What’s the outlook there?
17:13: The ECB’s purchase programme has been aimed at keeping bond yields low. Can we expect stable bond spreads going forward?
Read the full Global and Financial Market Overview, “Flattening the Recession Curve,” in our latest issue of the Nordea Economic Outlook.
The information provided within this website is intended for background information only. The views and other information provided herein are the current views of Nordea Bank Abp as of the date of publication and are subject to change without notice. The information provided within this website is not an exhaustive description of the described product or the risks related to it, and it should not be relied on as such, nor is it a substitute for the judgement of the recipient.
The information provided within this website is not intended to constitute and does not constitute investment advice nor is the information intended as an offer or solicitation for the purchase or sale of any financial instrument. The information provided within this website has no regard to the specific investment objectives, the financial situation or particular needs of any particular recipient. Relevant and specific professional advice should always be obtained before making any investment or credit decision. It is important to note that past performance is not indicative of future results.
Nordea Bank Abp is not and does not purport to be an adviser as to legal, taxation, accounting or regulatory matters in any jurisdiction.
The information provided within this website may not be reproduced, distributed or published for any purpose without the prior written consent from Nordea Bank Abp.