Fabio Panetta, Member of the Executive Board of the ECB writes about the economic lessons we should take from the pandemic in a blog post that was also published in Politico.
With the prospect of total economic recovery, what Europe requires to emerge stronger from the pandemic will shift.
We'll have to shift our focus from recouping lost revenue to generating new revenue, and from preserving the productive capacity to reallocating capital and labor to sectors with better prospects.
Read the full article, here.
