As the spread of the coronavirus in Europe continues on, U.S. policymakers and business owners have a small amount of time to learn from Europe’s success (and failures) in the fight back.
This will be most evident in the economic stimulus and reassurance measures employed by European finance ministers to save jobs, reassure businesses and lessen the burden on those who have left work to care for others.
Here’s what we know so far about the economic measures in place across Europe:
United Kingdom
The U.K.’s recently-appointed Chancellor Rishi Sunak announced a massive "whatever it takes" package amounting to 15 percent of UK GDP and worth a near $400 billion total (£330 billion).
https://www.forbes.com/sites/daviddawkins/2020/03/17/economic-cost-of-corona-us-eyes-on-europe-as-economic-rescue-packages-are-unveiledlatest/#29d2b1ac709f
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As the spread of the coronavirus in Europe continues on, U.S. policymakers and business owners have a small amount of time to learn from Europe’s success (and failures) in the fight back. This will be most evident in the economic stimulus and reassurance measures employed by European finance ministers to save jobs, reassure businesses and lessen the burden on those who have left work to care for others. Here’s what we know so far about the economic measures in place across Europe: United Kingdom The U.K.’s recently-appointed Chancellor Rishi Sunak announced a massive "whatever it takes" package amounting to 15 percent of UK GDP and worth a near $400 billion total (£330 billion). https://www.forbes.com/sites/daviddawkins/2020/03/17/economic-cost-of-corona-us-eyes-on-europe-as-economic-rescue-packages-are-unveiledlatest/#29d2b1ac709f