Corona Irreparable damage Tests Recovery plan

The corona virus is impacting heavily our economy. Forecasts for Belgium - and Europe - range from -5% to -15% for 2020. The ultimate damage depends on whether we can control the virus after a gradual relaxation of the measures. For our long-term prosperity, it is crucial that after the strong contraction, there will be a full recovery without loss of production capacity. We developed a plan to achieve a quick and safe recovery.

Auteurs

Koendeleus 1

Koen De Leus

Chief Economist BNP Paribas Fortis

Ludo Coenen

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