The whole world is affected by the Coronavirus. How much impact has the Coronavirus outbreak had, thus far, in your home country?
Luxembourg has also been severely affected since the confirmation of the first case of COVID-19 on 29 February. This pandemic has already caused more than 4000 confirmed positive cases and 110 deaths. The average age of the deceased people is 84 of which 66% died in hospital. Globally, Luxembourg ranked 5th in terms of positive recorded cases per 100.000 citizens. An unprecedented crisis and on 18 March, the Prime Minister declared the state of emergency and the Government has taken a number of strong measures.
Luxembourg’s Statistics Office STATEC indicated that the GDP shrank already by 6% and that the unemployment rate was 6.9% in April, a 27% increase compared to 2019. With sound public finances reaffirmed with the “AAA” rating by all major credit rating agencies, the Government adopted different measures totaling approx. 17,5% of the GDP to launch an unprecedented economic stabilization program. The program includes among other immediate financial assistance to help businesses meet their liquidity needs and supporting companies in getting bank loans through state guarantees.
With its “lockdown Exit strategy”, the Government is partially lifting the national lockdown in three different phases and primary schools, restaurants, cafés, and pubs have recently re-opened with the required sanitary rules and social distancing recommendations. Among the various measures, 50 free surgical masks have been distributed to every citizen, but the situation is far from normal and we do hope that the overall situation is going to improve progressively during the coming months.
Bu hikaye Extraordinary and Plenipotentiary Diplomatist dergisinin June 2020 sayısından alınmıştır.
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Bu hikaye Extraordinary and Plenipotentiary Diplomatist dergisinin June 2020 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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THE WOLF ECONOMY AWAKENS
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DESTINATION Kenya
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THE POLITICAL LESSONS FROM THE MAHABHARATA
The word 'politics' always inflicts a sense of excitement as well as resentment amongst the public at large. Often people irrespective of gender or age are found commenting upon the dynamics of politics and the way it has taken shape over the years.
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India's first multi-purpose green hydrogen pilot project at 1,500 MW Nathpa Jhakri Hydro Power Station (NJHPS) in Himachal's Jhakri was inaugurated on April 24 this year.
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THE EVOLUTION OF MINILATERALS: CATALYSTS FOR STRATEGIC COOPERATION IN THE INDO-PACIFIC
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NAVIGATING THE CROSSROADS: VISION FOR EUROPE'S FUTURE
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