Brief economic corona news from November 26

The RIVM reports 4,506 new corona infections for Thursday. That is 435 fewer than on Wednesday. 192 new corona patients have been admitted to hospital, 42 more than on Wednesday.

The economy will shrink by more than 4 percent this year, less than the 5 percent that CBS previously took into account. However, the recovery in 2021 will not be as fast as previously predicted: CBS analysts think that growth will amount to 2.8 percent, compared to an earlier prediction of 3.5 percent. NOS reports.

Italy and France want a new European stimulus package, writes the FD. This package should focus more on the most severely affected sectors.

Germany may want to borrow 180 billion euros next year to tackle the corona crisis, almost twice higher than the previous estimate of 96 billion euros. The money is needed to finance support for companies can be read at NU.nl.

CBS reports for week 47, a total of 55 companies and institutions — including sole proprietorships — have gone bankrupt. That is fifteen more than in week 46.