How European Banks Can Support the Recovery

By Mai Chi Dao, Andreas Jobst, Aiko Mineshima, and Srobona Mitra A robust post-COVID-19 recovery will depend on banks having sufficient capital to provide credit. While m ost European banks entered the pandemic with strong capital levels, they are highly exposed to economic sectors hit hard by the pandemic. A new IMF study assesses the […]

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Europe Needs to Maintain Strong Policy Support to Sustain the Recovery

By Alfred Kammer The pandemic is exacting a heavy toll on Europe. More than 240,000 people have lost their lives. Millions have suffered the illness themselves, the loss of loved ones, or major disruption in their work, their businesses, and their daily lives. The economic impact of the pandemic has been enormous. Our latest Regional […]

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