Loading page...

Romanian Business News - ACTMedia :: Services|About us|Contact|RSS RSS


EIU Q4 global forecast 2020: Slow growth, low inflation, high debt

The coronavirus (Covid-19) outbreak has prompted advanced economies to unveil extraordinary fiscal measures. So far this year G20 countries have announced stimulus programmes worth around US$11trn (or nearly the size of the Japanese, German and French economies combined). These fiscal measures have helped many companies to stay afloat, kept workers employed, and stabilised financial markets. However, they will also push fiscal deficits to an average level of 17% of GDP across ...

Article accessible to subscribers only. Please login or subscribe.