The Covid-19 pandemic continues to cause multiple disruptions to the worlds industries and economies, so we have prepared an infographic pack that we hope you will find useful to help better understand and track the ever changing situation across the CEE countries and property markets.
- CEE countries were some of the first to implement restrictive measures on people and business and have therefore seen relatively low case numbers to date. We obviously hope this remains to be the case but, the lack of tests in many markets may make these numbers misleading.
- Regional Governments have been under immense pressure to announce and deploy measures to aid and support people, business and economies. These are now beginning to materialise and will adapt over time but, they will also take time to deliver at this scale.
- CEE economies are under unprecedented pressure after many years of solid growth. Although the severity will be determined by the length of the pandemic and subsequent recovery, all economies will see a decline or fall into a recession in 2020.