Allianz Research

Volle Kraft voraus:
Global Wealth Report 2025

The global aerospace industry faces a steep cost of contagion

Rising Covid-19 infections will hold back the recovery of passenger demand in H2 2020. This has dealt a blow to new plane deliveries, especially for wide-bodied jets.

 

 

EUR100bn equity gap for French and Italian SMEs

On top of emergency liquidity measures provided to European SMEs to fight Covid-19, we estimate that Italian SMEs need EUR70bn of recapitalization, French SMEs EUR30bn and German SMEs EUR3bn - after excluding pre-existing zombies.


 

30 million unemployed go missing

An unprecedented rise in the inactive population since February has seen more than 30 million workers going missing from official unemployment statistics across selected OECD and Emerging Market economies. Because of this” hidden unemployment,” the true monthly hit to household consumption could be underestimated by USD14bn.