BUILDING GERMAN ON THE SITUATION WITH THE CROWN PANDEMIC: Serbia will better cope with the crown crisis in Europe (PHOTO)

“It is clear that the economy in some countries is growing faster and more robust than in others, but never before has the difference been so great as in the crown crisis,” Bild said in an article entitled “Countries compared to crisis: why the crown makes a difference or why Serbia comes out better from this crisis.

“Bild” points out that the European Commission’s autumn forecast confirms Serbia’s “first place” in the European framework, and analyzes how our country achieved it.

Therefore, as reasons for Serbia’s successful passage through the crisis, the document cites a short blockade, carried out with financial assistance to affected industries, high investments in infrastructure projects, focus on digitization, significant export growth. agriculture and the fact that tourism plays almost no role. the country’s economy.

Analyzing the impact of the crisis on world economies, “Bild” states that GDP in the first half of this year, for example, fell 31 percent in Peru, while it grew 0.3 percent in China.

Photo: Printskrin

In the text, published online, the German newspaper states that even at the time of the previous major financial crises, 1987 and 2009, these differences were not so great, but amounted to a maximum of 11 percent.

According to the newspaper, Germany is facing a 5.5 percent drop in GDP.

Bild, looking for the factors that affect the economy, affirms that the number of people infected with the crown and deaths has a significant negative effect.

– The more sick and dead, the worse the negative effect – says the newspaper. He also claims that more industry is helping, because countries with a strong industry, according to OECD experts, are in a better position to go through the crisis, because the industry, while restaurants, hotels and others are closed, can restart faster. , if it is closed.

Countries that rely too heavily on tourism during the crown of the pandemic have suffered longer-term consequences.

According to the OECD analysis, the duration and strength of the “lockdown” has significant consequences for the depth and duration of the crisis, adds “Bild”.