期刊名称:Euro Area Balance of Payments and International Investment Position Statistics
印刷版ISSN:1830-3420
电子版ISSN:1830-3439
出版年度:2021
卷号:2021
语种:English
出版社:European Central Bank
摘要:The bans on public events, strict lockdowns and restrictions on numerous activities in the spring of 2020 had a dramatic effect on the economy, with euro area GDP declining by 15% in the first half of the year. Since then, both public authorities and households and firms have learned how best to respond to more targeted containment measures to alleviate their economic impact. However, there is still significant uncertainty about the evolution of the pandemic, the containment measures and the associated economic effects. Against this background, this box explores the heterogenous economic impact of COVID-19 containment measures across sectors and across the five largest euro area countries, and also studies how this impact has changed over time.