- The world economy is entering the worst crisis since the 1930s due to the 'Great Lockdown'. This is what the International Monetary Fund says in its six-monthly forecast. The contraction in the eurozone could amount to 7.5 percent in the provisional figures. Read more at the IMF.
- SME companies active in the metal sector are concerned about their order position, the Koninklijke Metaalunie reports based on a poll. About 57 percent of the companies surveyed see a declining order position. There are also many concerns about the liquidity position. Many companies fear that the biggest blows will occur after the summer. Read the further findings here.
- The Chamber of Commerce has released the Business Dynamics for the first quarter of this year. This publication provides insight into the number of companies in the Netherlands as of April 1, 2020 and the development of the number of starters, stoppers and declarations of bankruptcy in the first quarter. Read the Business Dynamics 2020, 1st quarter here.
- Banks are too slow to grant bridging loans to SMEs. This is what MKB-Nederland says in De Telegraaf. This concerns the expansion of the Guarantee for Small and Medium-sized Enterprises (BKMB scheme). The Dutch Banking Association says that banks are organizing lending. Read the article here.
- European politicians, companies, researchers and non-governmental organizations want the EU to build the recovery package that will function after the corona crisis around the European Green Deal. The political will for this is present among a total of 180 members, they said in a statement. The EU will discuss a package of more than 500 million euros next week. Read the article from the Reuters news agency here.
- Would you like to gain insight into economic developments within your industry? Participate in FHI's Economic Barometer.
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