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25 February
We see a heightened risk that the cyclical labor market shock turns structural, with unemployment stabilizing at an elevated level.
24 February
European non-financial corporates have seized the opportunity of state-guaranteed loans to build up excess cash reserves, especially in France, the UK and Italy.
23 February
By triggering a fresh, global and pronounced round of QE, the Covid-19 crisis has struck another heavy blow to diversification.