Economy News
IMF says Covid-19 pandemic might widen wealth differences in Europe

The Covid-19 pandemic is likely to widen wealth gaps in Europe unless policymakers help end the health crisis globally, support economies until the pandemic is over and invest in making economies greener, the International Monetary Fund said. In a speech to a European Parliament conference on Monday, IMF Managing Director Kristalina Georgieva praised EU governments for putting more than 3 trillion euros in fiscal support for firms and households, including job-retention schemes that helped more than 54 million workers.

News Source:- https://www.business-standard.com/article/international/imf-says-covid-19-pandemic-might-widen-wealth-differences-in-europe-121022201188_1.html