"These figures came as no surprise to us because we've always recognized that this [pandemic] wasn't just going to be a public health crisis but also a really serious crisis for our economy."That was
"We've seen more change in 10 weeks than we’ve seen in the previous 10 years."As global governments continue to wrestle with the knock-on effects of the pandemic, companies such as advertising giant
"What differentiates them firstly is empathy."That's Helen Clark, former prime minister of New Zealand, who spoke to CGTN Europe earlier today about the successes of women leaders during the coronavi
"The improvement has so far been tepid compared with the speed at which the indicators plummetedin the preceding months."Christine Lagarde, head of the European Central Bank, was speaking to the medi
"We thought too big in terms of sales."That's Renault's interim CEO Clotilde Delbos, explaining why the French car maker is cutting several thousand jobs and attempting to save more than $2 billion o
"A European turning point to face an unprecedented crisis."That's a tweet by the European commissioner for economy and former Italian leader Paolo Gentiloni, describing the amount of borrowing the EU
"Very few people are really interested in the fashion industry going back to the way it was. And what people are looking for, actually, is for there to be a radical change in the industry.”That's Jos
"I think we will see a new type of globalization… Airlines will suffer, but maybe the digital industry will flourish.”That was the response from Michele Geraci, former Italian Undersecretary for Stat
"This is the transfer of real budget money to the worst-affected regions and the worst-hit sectors."French President Emmanuel Macron noted the reach of the pan-EU bailout fund he and German Chancello
China's economy is reopening, but it could look very different after the pandemic / China News Service / People's Vision In a wide-ranging discussion on the future of China's economy in a post
Could COVID-19 spell the end of scenes like this? /Carsten Koall/Getty From self-driving cars to household robots, the automation of daily tasks and increasing artificial intelligence in tech
"The key issue is whether they will be allowed into the country that they are going to – and whether they will be allowed back again. For this there needs to be a common international standard… on wh
"I'm glad a very large majority of member states are supporting my request to authorize airlines and maritime groups to temporarily use vouchers when trips are cancelled."Jean-Baptiste Djebbari, the
"What's going to happen now, because all of this state aid dumping, is that the well-run, financially strong airlines going into this the strongest are going to come out the weakest."Ryanair's Michae
"As containment measures are gradually lifted, these scenarios foresee a recovery in economic activity although its speed and scale remain highly uncertain."It might not strike you as the most hopefu
"These new bounceback loans carefully target that extraordinary level of state support at those who need it most… and the £50,000 cap balances the risk to the taxpayer with the need to support our sm
"It must be possible to do things quickly in a crisis situation and then, of course, conduct a refinancing in the years after."German Finance Minister Olaf Scholz was speaking to a TV station in his