Hope for a quick recovery, but don’t expect it

A V-shaped economic recovery is unlikely. Even if the coronavirus were to disappear, high indebtedness, unemployment, Sino-American tensions and falling global trade suggest a gradual and uneven recovery is more likely.
Differing policy response options underline diverse nature of South East Europe

Coronavirus exposes the extent of diversity in South East Europe

The coronavirus pandemic means the whole of South East Europe will experience a deep recession. Difference starting points, constraints and policy choices underline the diversity of the region.