You know, Operation Enduring Clusterfuck Covid 19 2020 Shirt is produced to motivate everyone must be strong to fight with Corona Virus. The Covid 19 pandemic seriously affected the global economy, especially the United States and European Union countries. But governments are still trying to maintain and work hard to grow their economies. At the same time, ensure the health and life of its citizens. That is a great challenge. In contrast to the favorable beginnings and expectations of a new Year of steady growth, the European region is facing an economic crisis and the risk of splitting because the new corona virus epidemic originated in Wuhan (Hubei Province, China). At the beginning of the year 2020, the United States war-China lower heat, production of the EU grew sharply in Jan, consumer confidence increased sharply. On 13/2, the European Commission (EU) predicates the economy in chunks “will grow steadily” despite warnings about new viruses that are exploding in China. Brussels predicates that the new Corona virus epidemic will reach its peak in the first 3 months and only has the impact “restriction ” with the global economy. However, things reversed in just a few weeks. The global economy and facing recession, the securities market falls freely. In many countries, Covid-19 has made shops, restaurants and bars closed, the global supply chain paralyzed, the games were cancelled, theaters and cinemas were also discontinued.
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EC President Ursula von der Leyen described the Covid-19 epidemic as a major shock to the European economy. She said the EU would mobilize at least 37 billion euros ($ 41 billion) to fight epidemic. However, President of the European Central Bank (ECB) Christine Lagarde held that the responsibility to protect the nation flooded in debt belongs to the country’s governments, not ECB. The focus of attention is the meeting between the finance ministers of the euro today 16/3 after the ECB makes the market frustrated because of the basic rate cuts. You also should buy Operation Enduring Clusterfuck Covid 19 2020 Shirt at Moteefe with more style and colors. The big question now is that the EU leaders will do to defend the economy against the threat of the epidemic. Italy is currently the most heavily influenced European country. Professor Lorenzo Codogno of the London School of Economics predicting Italy’s production will slump 3.1 – 6.5% in the year 2020. The Italian government is willing to spend 25 billion euros (27.7 billion) in order to protect the economy. The experts identified the Italian banks far better health than the year 2011, however faced a lot of risks. Professor Codogno believes that the EU needs to support a certain credit limit for Italy.
In France, the government also warned of serious consequences for the economy. The French central bank cut the predicted growth forecast in the first quarter to 0.1%, lower than the previous estimate of 0.3%. Germany was not heavily influenced by the Covid-19 translation of Italy and France, but the export of the country also labored because of a paralyzing situation in China. The Ifo Institut survey found that 56% of German companies found the “negative impact” of the epidemic when the demand for a decline of 44% and 52% of manufacturers said supply was being deficient. In order to protect the economy, German chancellor Angela Merkel said she was willing to reverse the balance budget retention rule. President Ifo Institut Clemens Fuest Describes how Berlin guarantees the credit limit “Unlimited” to “correct decision”.
New Corona strain virus has uneven impact on the economic sector. “Toilet paper manufacturers will stay healthy while the restaurant and hotel face a recession”, the Guardian leads the economist Christian Odendahl to the centre of European Reform. Economist Odendahl said the European manufacturers hoped that the regional economy would recover from the model “V-words”, meaning growth would turn up very quickly after the decline and bottom touches. “If it is impossible to buy a glass now because of a power interruption, you can wait a while. But with restaurants or tourism, customers simply cancel the reservation or cancel the trip, “said Odendahl explained. Therefore, the most likely German economy with productive power will recover rapidly compared to countries dependent on tourism such as Spain or Italy. Despite this, the Economist Odendahl said that it should not be prevented from European policy makers to act fiercely. “Every company needs capital to survive when the economic activities freeze “, he emphasizes. He also wanted Europe to support the nations sinking in debt. Mr. Mário Centeno, head of the Eurogroup (the Minister of Finance of the euro) said the ministers would announce measures that are larger than the amount of 27 billion euros to resolve the crisis and buy Operation Enduring Clusterfuck Covid 19 2020 Shirt for people. He said many of the possibilities ministers would agree to such measures as securing funding for businesses, increasing unemployment subsidisment and reducing hours of employment for workers. French Congressman Pascal Canfin urged Europe through an economic stimulus package in the summit meeting of the EU leaders last month (Oct. 26 and 27/3).