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2020/03/12 / Erste Group Research

Europe in crisis mode

The rapid spread of the corona-virus pandemic in Europe and the sudden slump in oil prices have led to high market volatility. The effects of this development will place a heavy burden on the European economy. We expect a noticeable recovery in the third quarter at the earliest.

The ball is now in the ECB’s court. Market participants expect that several monetary easing measures will be announced at its Council meeting on March 12.

Special topics of the week:

- Issuer in focus: Jyske Bank A/S
- HYPO NOE posts 2019 earnings of EUR 30.4mn

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General information

AuthorErste Group Research
Date2020/03/12
Languageen
Product nameCredit News
Topic in focusCredits/ Corporate bonds
Economy in focusAustria, Eurozone
Currency in focusEuro
Sector in focus-
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