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Is the rebound of the Covid-19 epidemic already threatening the economic recovery?

2020-09-30T11:09:20.777Z


THE VERIFICATION - Last week, European stock markets started to slow down, alerted by the latest epidemic data. How could the new health measures being considered weigh on growth?


THE QUESTION.

True to their reputation for being as fearful as a hare, swift as a snake and having the memory of an elephant, stock markets and traders reacted quickly.

Noting that the new positive Covid-19 cases had exceeded the 40,000 per day mark in the euro zone, more than last April, the European stock markets lost nearly 5% last week (September 21 to 25), to Paris and Frankfurt.

A simple upsurge, the magnitude of which would be a statistical optical effect (we are testing much more everywhere than in the spring), or a real second wave?

One thing is certain, the virus is still circulating and

"you have to learn to live with it",

according to the government's new mantra.

"It is not because health difficulties have resumed that we must abandon the idea of ​​economic recovery"

, admitted this Monday Bruno Le Maire, the Minister of the Economy, Finance and Recovery, in presenting the draft Finance Law for 2021. It would even be a good

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Source: lefigaro

All business articles on 2020-09-30

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