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Can the eurozone survive with its economy shrinking at a record rate?

Can the Eurozone survive with the economy going downhill as fast as it does? What can be done?

Yes, it can survive. But it's going to be tricky times. I think all of the advanced economies are going to suffer very significant setbacks in terms of economic growth. And there is a need for enormous stimulus and demand support measures. That's already also done. The problem that is there in the eurozone is the discrepancy between the economic performance of the different countries. And that will have to be sort of addressed.

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Coronavirus Update, US Congress Response & Legislation

Ben White, Chief Economic Correspondent for Politico, provides his perspective on the coronavirus-related news in US politics: What's the coronavirus update?

Well, we've gotten at least a little bit of good news that perhaps the rate of deaths in New York City is plateauing and may start to come down. God willing, we'll see if that comes to pass. Also, some indications that if we keep social distancing in place through the end of May, we could see fewer deaths than we worried about and fewer hospital beds need it. So, God willing, that happens.

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