Can Europe's finance sector resist COVID-19?

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We are back in crisis mode. In a matter of only three weeks, Europe has turned from boom to bust for markets and businesses. Von der Leyen’s positive and strategic agenda has again been overtaken by the need to respond to the urgency of the moment and to try to keep the EU together. Still, the lessons from the 2008 financial crisis should not be forgotten, and all should now be done to ensure we do not go off track for years to come. This is certainly the case for Europe’s financial markets.

Karel Lannno is General Manager of ECMI and CEO of CEPS.