Isabel Schnabel: Unequal scars – distributional consequences of the pandemic
(WorldNews Spain)

SPEECH Speech by Isabel Schnabel, Member of the Executive Board of the ECB, at the panel discussion `Verteilung der Lasten der Pandemie` (`Sharing the burden of the pandemic`), Deutscher Juristentag 2020 Frankfurt am Main, 18 September 2020 The coronavirus (COVD-19) pandemic is the most severe crisis in post-war history.[1] It threatens the health of the population, poses enormous challenges to the healthcare system and is causing significant economic costs. Within a short period of time, wide-ranging government support measures were introduced in an attempt to cushion some of the direct consequences of the crisis. In light of the enormous economic costs of the pandemic and the measures...