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An EU emergency health fund to limit the impact of future crises

An EU emergency health fund to limit the impact of future crises
Leading finance experts propose an Emergency Health Financing Facility to limit the impact of future crises on the EU
The last systemic crisis
The Global Financial Crash in 2008 brought several EU countries close to the brink of default.
Pre- existing structures were not sufficient to avoid the crisis, but lessons were learnt and new regulation was put in place to stop this happening in the future. This crisis was described as a ‘once in a lifetime systemic crisis’.
However, just over a decade later, the world has found itself in yet another systemic crisis – The Great Lockdown Crisis of 2020. The COVID-19 pandemic, and the necessary restrictions and regulations brought in around the world to curb the spread of the virus, has resulted in a global economic crisis. ....

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20 words & phrases that defined 2020: Recession

The Straits Times
20 words & phrases that defined 2020: Recession
2020 has been a year of upheaval and crisis – one that was shaped by the coronavirus pandemic. It also saw significant developments, such as a general election in Singapore and the United States electing its next leader. In this 12-day series, The Straits Times spotlights 20 words or phrases that defined 2020.
Shops big and small saw their operations suspended or curtailed, while all other economic activities were suspended during the circuit breaker.ST PHOTO: GAVIN FOO
https://str.sg/JRsq
They can read the article in full after signing up for a free account. ....

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