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Austria - The Covid crisis costs 175 bn euros

Tuesday, 05 25 2021, Category: Economy, Country: Europe
The year 2020 will go down economically in the history books: There has not been such a major
economic slump since records began in the post-war period. According to the calculations of the “Agenda Austria” think tank, the loss of prosperity for the years 2020 to 2024 will add up to around 140 billion euros.

If you add the costs that the state had to spend to stabilize prosperity, it is more than 175 billion euros.

Source: newsbeezer.com
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