Baltics ViewPoint - Implications of Covid-19 August 2020
The implications will be widespread and will affect all the sectors. Yet, some sectors, like industrial and logistics, will experience milder adverse effects while retail and hospitality will be hit most severely.
Businesses more exposed to digital economy will have a cushion for an upcoming decline in private consumption
The global real estate activity is expected to rebound if the outbreak is brought under control in a reasonable timeframe. However, it will likely take more time for the Baltics to recover.