Funding Central Europe’s economies
Funding Central European economies as they pass through the pandemic is forcing governments to drastically redraft their budgets. The Vienna Institute for International Economic Studies’ coronavirus tracker plots the rising economic impact of the pandemic, here. Erste Bank issued a cautious note on the region’s soaring finance requirements. Apart from Slovakia, Central European countries are Eurozone outsiders and therefore not eligible to tap the immense firepower of the European Central Bank; Politico looks at how they are faring, here.
Photo: Jacek Turczyk/EPA