Coronavirus briefing: Europe starts to reopen borders
Coronavirus briefing: Europe starts to reopen borders

Starting from today, this comment will be published only on Mondays. 

The epidemic

  • Globally, new cases still seem to have an upward trend.
  • Cases in Europe are slowly declining and remain stable in Russia. The overall trend of new cases is still quite stable in the US, but fast case growth continues in several states.
  • New cases in Sweden increased during the weekend, but at the same time daily deaths seem to have continued to decline. The number of patients in hospitals and intensive care remain stable.

Policy

  • Starting from today, Norway will allow travel to and from Finland, Iceland, and the Swedish island of Gotland. Existing travel restrictions to mainland Sweden remain.
  • Travellers from Germany, Iceland, and Norway can travel to Denmark as of today.
  • The Swedish government has promised that Public Health Authority can borrow up to 2 bn krona to bid on a vaccine among the pharmaceutical companies, when necessary.

Economic effects

  • Euro area industrial production volume plunged in April by a 17.1% from March, and 28% from a year ago. This was a biggest drop since the records started in 1991. 


PDF-Document Read the full analysis/report here (pdf)


Sonja Liukkonen 
Junior Economist 
Swedbank AB (publ) 
FI-00100 Helsinki 
Phone: +358 400 98 21 59 
research.swedbank.se 


Subscribe ยป
This letter is distributed by Swedbank in cooperation with Brightly. The letter is personal.
You need Adobe Acrobat Reader to show PDF documents. (download here)