Euro Area sees major downturn in March and April | The Conference Board
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Euro Area sees major downturn in March and April


April 2020 | Economy Watch Reports

Confidence waned in March and will decline further in April. The evolution of the pandemic and the implementation of the post-lockdown phase will be key to shape the economic recovery. Government-funded short-term working schemes may facilitate the recovery. French data on furloughed workers show that these programs are widely used across the economy, including hospitality, manufacturing, and construction. 


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Ilaria Maselli

Senior Economist
The Conference Board


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