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COVID-19 Impact in Europe
July 17, 2020
The impact of COVID-19 on European economies has been dramatic. It is anticipated that European economies will experience market volatility similar to 2007 as opposed to more recent years. The optimism for a V-shaped recovery remains strong as the demand for goods and services is expected to bounce back, however, some sectors will never return to the same strength. Most economies in Europe will rebound with perhaps the greatest health warning being on the UK economy, where growth may be slower than anticipated.
This report examines the following sectors in Europe, and the impact of COVID-19:
- Aerospace & Defense
- Life Sciences
- Pharmaceuticals
- Medical Technology
- ICT
- Cybersecurity
- Food & Drinks
- Automotive