Atradius: Will COVID Legacy Threaten Profitability Of European Business In 2021?
Atradius economists predict a decline in global GDP of 4.3% in 2020. This means the negative impact of COVID-19 is bigger than that of the financial crisis during 2008/2009. Risks to the current forecast are to the downside as many countries are tightening quarantine measures to deal with a resurgence......