European View: Euro Area sees major downturn in March and April | The Conference Board
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European View: 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. 



Ilaria Maselli

Senior Economist
The Conference Board


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