Economy
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The coronavirus epidemic can, according to the industrialized country organization OECD, put the global economy on track and is “the greatest economic risk since the financial crisis”. If the situation does not improve and more and more countries are affected, growth could fall to one and a half percent this year, the OECD said on.
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Is your business ready to face the potential challenges posed by Covid-19? Early this week, when pressed on how the government plans to address the potential challenges presented by the global coronavirus epidemic, U.S. Treasury Secretary Steven Mnuchin’s statements implied that they are still on a wait-and-see position. In an interview conducted by CNBC reporter.
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The economic success of a country is largely measured by the economic growth it generates. Hence the strong focus on this. That is no coincidence: economic growth is crucial because it helps to achieve some of the other objectives – full employment, balanced public finances. To give an example: a certain degree of economic growth.
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There is a psychological effect. People want to feel that they are making progress, that it is getting better. Whoever has a job wants to see his salary rise after a while. If the level of prosperity increases for almost everyone – which is only possible with steady economic growth – then the feeling of.
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The economic upswing in recent years has led to optimism in large parts of Europe. After years of recession or stagnation in numerous European countries, stronger economic growth and falling unemployment have been recorded, although unemployment in large parts of the euro area remains higher than before the onset of the financial crisis. Austria also.

