Report
The dual mechanism weakening activity in the euro zone
Real activity in the euro zone will be affected going forward by two negative mechanisms: The loss of potential growth due to the effects of the recession; The loss in the level of potential GDP due to the fall in labour productivity under the effect of lasting public health regulations in response to the COVID pandemic. We should therefore expect the shape of the recovery to be quite flat with weak GDP into the medium term.
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Natixis
Based across the world’s leading financial centers, Natixis CIB Research offers an integrated view of the markets. The team provides support to inform Natixis clients’ investment and hedging decisions across all asset classes.
Patrick Artus
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