Daily updates on the state of the timber markets, delivered straight to your inbox.

April 8, 2020

Companies in Europe to see hundreds of billions of euros in production losses

  The fight against the coronavirus will lead to production losses, which will cost European countries hundreds of billions of euros. This is the result of the Munich-based Ifo Institute's recent calculations.   “In addition to medical reasons, there are also economic reasons for investing massive amounts in health protection. This would help contain the epidemic and at the same time allow us to then gradually lift the closures of schools and businesses, ”says Ifo President Clemens Fuest. In its calculations, the ifo Institute looked at the United Kingdom, Italy, Spain, France, Austria and Switzerland.  ...

Register for unlimited access

We work hard to bring you the latest news in the world of international wood industry. The article you are currently reading is available only to registered users.

By registering you gain access to:

  • Thousands of quality articles
  • In-depth analyses of market trends
  • Exclusive market price insights
  • And much more!

Checkout Options
All this for only 290 EURO/year!
Create Profile
password strength indicator
Billing Method
Billing Address
Checkout Now

Newsletter

Daily updates on the state of the timber markets, delivered straight to your inbox.