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IZA COVID-19 crisis response monitoring: Portugal (June 2020)

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Resumo:Portugal declared the State of Emergency over coronavirus on March 18 and strict lockdown measures were imposed. To sustain the effects of the shock the government implemented a set of exceptional measures, which have cost 780 million euros until June. Although the social climate is quiet, the measures do not fully address the income loss suffered by agents and the effects of the economic slowdown. Recent forecasts by the EC suggest that the Portuguese GDP will fall by 6.8% in 2020, but will recover (5.8%) in 2021. If this happens, this cycle may in fact be closer to the “V” shape.
Autores principais:Ferreira, Priscila
Outros Autores:Cerejeira, João; Portela, Miguel
Assunto:COVID-19 labour market crisis response Portugal
Ano:2020
País:Portugal
Tipo de documento:relatório de investigação
Tipo de acesso:acesso aberto
Instituição associada:Universidade do Minho
Idioma:inglês
Origem:RepositóriUM - Universidade do Minho

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