Liquidity support for small businesses is the most effective anti-crisis tool, according to ifo

According to a survey conducted by the ifo economic research institute of the University of Munich and the EconPol Europe research network involving about 950 economic experts from 110 countries, global gross domestic product (GDP) will fall by 4.4 percent this year due to disease control measures. This year’s decline will be followed by a 3.2 percent increase next year. (MTI)