The financial crisis of 2008 and the pandemic

"When comparing the financial crisis of 2008 with the emerging, pandemic-induced crisis, one can see that although they share some common symptoms, the underlying condition differs. This difference is important because it affects the line of treatment and the estimated duration of the economy’s recovery. Free from the fear of political cost, countries and central banks are going to adopt more courageous and, therefore, more efficient measures."

Dr. Panos Avramidis writes for Kathimerini.gr . You may find the article (in Greek ) here or read the english version in our blog.