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General

EU economic developments and projections (GEN – 1176.00)

02 November 2020

1 min read
European Policy
General

EU economic developments and projections (GEN – 1176.00)

02 November 2020

1 min read

GEN – 1176.00. The European Parliament services have produced a briefing, providing a summary of the recent economic developments in the EU Member States and an overview of relevant economic projections forecasted by major international and EU institutions, as impacted by the COVID-19 pandemic. This October update will be followed by another one in November.

Economic developments

At the level of the European Parliament, closer follow-up of the COVID-19 pandemic is taking shape in the form of 5-10-page briefings that give an overview of the situation. While it is not possible to single out the HVACR industry as such, the overview gives a good impression of what is happening and what could be forecasted.

Commission response to coronavirus

The European Commission is meanwhile continuously updating its website with the measures it is taking to tackle the coronavirus. These are grouped on its website under 10 headings:

  • Public health
  • Economy and Jobs
  • Travel
  • Crisis management
  • R&D
  • Digitisation
  • Transportation
  • Emergency solutions
  • Disinformation
  • Commission responses

Recommended actions

The members may find it useful to consider the European briefings as supplementary information to prepare association and company decisions.

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