Recently, many European countries have taken measures to lift the embargo step by step and restore economic production and social life. However, in the face of the rebound of the epidemic in some countries, experts have warned to prevent a second outbreak. On the one hand, there is the pressure of epidemic prevention and control; on the other hand, there is the risk of economic recession. Europe is trying to find a balance between epidemic prevention and economic recovery.

Lifting the ban gradually will boost the economy

Since the beginning of may, many European countries began to cautiously and gradually lift the restrictive measures.

On May 13, the UK entered the first phase of lifting the ban: "actively encourage" people who cannot work from home to return to work, and food processing, construction and other industries to resume work; Outdoor exercise was changed from once a day to an unlimited number of times. As early as June 1, it will enter the second stage: shops will gradually resume business and primary schools will resume classes in stages. Then, as early as July 4, it will enter a third phase: industries such as hotels and restaurants can resume work.

The French ban was lifted on May 11th. French prime minister philippe said the gradual lifting of the ban would take at least a few weeks. In the first phase, shops and schools reopened. The French ministry of economy and finance estimated that 400,000 businesses and shops returned to work on Monday.

Italy, the first country in Europe to experience the outbreak, began to phase out its quarantine on May 4. About 4.5 million people, mostly in manufacturing, returned to work in Italy on May 4, business insider reported.

Germany's chancellor, Angela merkel, reached an agreement with the governors of 16 federal states on May 6th to gradually lift the ban from that day. All the federal governments agreed that once the rate of infection in any county or city rose to 50 new cases per 100, 000 people, restrictions would be reimposed.

At the same time, European countries have introduced new measures to deal with the economic impact of the epidemic.

The European commission on May 13th issued guidelines for a gradual resumption of summer travel, in a bid to save tourism. Italy's stimulus package includes subsidies and tax breaks for small and medium-sized businesses; 25.6 billion euros in subsidies to employees and self-employed workers whose incomes are affected by the outbreak; To provide families with various subsidies, such as child-care funds; Increasing spending on health care; To implement stimulus measures for the hard-hit tourism sector. French finance minister jean-michel le maire announced plans to exempt small and medium-sized enterprises in the wine industry from social security contributions and set up a 140 million euro support scheme. The Austrian government and the federal chamber of commerce have agreed on a 500 million euro plan to support the restaurant industry by cutting taxes and boosting consumption. The Cypriot government has approved a 6 billion euro stimulus package aimed at reviving the economy, equivalent to nearly a third of the country's gross domestic product before the outbreak.

The long shutdown has been costly

"At the moment, the situation is stabilizing in various countries, and many people in Europe believe that once we get past the peak of the epidemic, we can begin to gradually lift the restrictions. In Germany, for example, medical experts and government officials agree that the annual death toll from flu is around 25,000, and that there is no social lockdown or compulsory vaccination. This is understood as a potential cost to the pursuit of personal freedom and economic well-being." "Considering the political system and the electoral system, European governments can't keep people at home for long," said wang hongyu, a researcher at the national academy of opening to the outside world at the university of international business and economics in Beijing. "In addition, Germany and other countries have strong medical systems, and the epidemic control effect is relatively ideal. We have the confidence to gradually lift the ban."

According to the time line of covid-19 development released by the European center for disease control and prevention, the covid-19 outbreak in Europe accelerated sharply after the outbreak in late February, reached its peak in early April, and then slowly declined in the ups and downs. In its latest assessment, released on 23 April, the European centre for disease control and prevention (ecdc) downgraded the risk of a severe covid-19 outbreak in European countries from "high" to "low", but only if appropriate social distancing continues to be ensured.

The epidemic has severely impacted the European economy, and the huge pressure of recession is undoubtedly the driving force for the lifting of the ban. On May 14, the European central bank (ECB), headquartered in Frankfurt, Germany, released its latest economic report, saying that in the first quarter of this year, due to the covid-19 epidemic, the gross domestic product (GDP) of the euro area fell by 3.8% month-on-month, the biggest drop since 1995. Judging by the sharp drop in economic activity in April, the impact on the eurozone economy in the second quarter will only become more pronounced. In the first quarter of this year, UK GDP fell by 2.0% compared with the fourth quarter of 2019, according to official data released on Thursday. It was the biggest quarterly decline since the global financial crisis at the end of 2008. According to the bank of England, the outbreak will cause the UK to face its worst recession since 1708, with economic output contracting by nearly 30 per cent in the first half of the year and shrinking by 14 per cent for the year as a whole.

"A prolonged social shutdown will have a huge negative impact on the economy and people's livelihood." "German experts estimate that the social shutdown is costing the German economy up to 50 billion euros per week," wang said. Britain recently decided to extend its aid programme to the end of October in order to help businesses affected by the outbreak. Southern Europe's dependence on tourism has made it all the more urgent to restart their economies. At the end of the day, it is important to try to restore reasonable tax revenue as soon as possible to promote fiscal sustainability when the state's finances are unsustainable, "he said.

Guard against any rebound and proceed cautiously

Recently, many European countries have taken measures to lift the embargo step by step and restore economic production and social life. However, in the face of the rebound of the epidemic in some countries, experts have warned to prevent a second outbreak. On the one hand, there is the pressure of epidemic prevention and control; on the other hand, there is the risk of economic recession. Europe is trying to find a balance between epidemic prevention and economic recovery.

Lifting the ban gradually will boost the economy

Since the beginning of may, many European countries began to cautiously and gradually lift the restrictive measures.

On May 13, the UK entered the first phase of lifting the ban: "actively encourage" people who cannot work from home to return to work, and food processing, construction and other industries to resume work; Outdoor exercise was changed from once a day to an unlimited number of times. As early as June 1, it will enter the second stage: shops will gradually resume business and primary schools will resume classes in stages. Then, as early as July 4, it will enter a third phase: industries such as hotels and restaurants can resume work.

The French ban was lifted on May 11th. French prime minister philippe said the gradual lifting of the ban would take at least a few weeks. In the first phase, shops and schools reopened. The French ministry of economy and finance estimated that 400,000 businesses and shops returned to work on Monday.

Italy, the first country in Europe to experience the outbreak, began to phase out its quarantine on May 4. About 4.5 million people, mostly in manufacturing, returned to work in Italy on May 4, business insider reported.

Germany's chancellor, Angela merkel, reached an agreement with the governors of 16 federal states on May 6th to gradually lift the ban from that day. All the federal governments agreed that once the rate of infection in any county or city rose to 50 new cases per 100, 000 people, restrictions would be reimposed.

At the same time, European countries have introduced new measures to deal with the economic impact of the epidemic.

The European commission on May 13th issued guidelines for a gradual resumption of summer travel, in a bid to save tourism. Italy's stimulus package includes subsidies and tax breaks for small and medium-sized businesses; 25.6 billion euros in subsidies to employees and self-employed workers whose incomes are affected by the outbreak; To provide families with various subsidies, such as child-care funds; Increasing spending on health care; To implement stimulus measures for the hard-hit tourism sector. French finance minister jean-michel le maire announced plans to exempt small and medium-sized enterprises in the wine industry from social security contributions and set up a 140 million euro support scheme. The Austrian government and the federal chamber of commerce have agreed on a 500 million euro plan to support the restaurant industry by cutting taxes and boosting consumption. The Cypriot government has approved a 6 billion euro stimulus package aimed at reviving the economy, equivalent to nearly a third of the country's gross domestic product before the outbreak.

The long shutdown has been costly

"At the moment, the situation is stabilizing in various countries, and many people in Europe believe that once we get past the peak of the epidemic, we can begin to gradually lift the restrictions. In Germany, for example, medical experts and government officials agree that the annual death toll from flu is around 25,000, and that there is no social lockdown or compulsory vaccination. This is understood as a potential cost to the pursuit of personal freedom and economic well-being." "Considering the political system and the electoral system, European governments can't keep people at home for long," said wang hongyu, a researcher at the national academy of opening to the outside world at the university of international business and economics in Beijing. "In addition, Germany and other countries have strong medical systems, and the epidemic control effect is relatively ideal. We have the confidence to gradually lift the ban."

According to the time line of covid-19 development released by the European center for disease control and prevention, the covid-19 outbreak in Europe accelerated sharply after the outbreak in late February, reached its peak in early April, and then slowly declined in the ups and downs. In its latest assessment, released on 23 April, the European centre for disease control and prevention (ecdc) downgraded the risk of a severe covid-19 outbreak in European countries from "high" to "low", but only if appropriate social distancing continues to be ensured.

The epidemic has severely impacted the European economy, and the huge pressure of recession is undoubtedly the driving force for the lifting of the ban. On May 14, the European central bank (ECB), headquartered in Frankfurt, Germany, released its latest economic report, saying that in the first quarter of this year, due to the covid-19 epidemic, the gross domestic product (GDP) of the euro area fell by 3.8% month-on-month, the biggest drop since 1995. Judging by the sharp drop in economic activity in April, the impact on the eurozone economy in the second quarter will only become more pronounced. In the first quarter of this year, UK GDP fell by 2.0% compared with the fourth quarter of 2019, according to official data released on Thursday. It was the biggest quarterly decline since the global financial crisis at the end of 2008. According to the bank of England, the outbreak will cause the UK to face its worst recession since 1708, with economic output contracting by nearly 30 per cent in the first half of the year and shrinking by 14 per cent for the year as a whole.

"A prolonged social shutdown will have a huge negative impact on the economy and people's livelihood." "German experts estimate that the social shutdown is costing the German economy up to 50 billion euros per week," wang said. Britain recently decided to extend its aid programme to the end of October in order to help businesses affected by the outbreak. Southern Europe's dependence on tourism has made it all the more urgent to restart their economies. At the end of the day, it is important to try to restore reasonable tax revenue as soon as possible to promote fiscal sustainability when the state's finances are unsustainable, "he said.

Guard against any rebound and proceed cautiously

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