DER SPIEGEL: What do these scenarios look like?
''Georgieva: The best case would be a V-shaped development. In that case, the disease would trigger a sharp economic slump, followed by an equally strong upswing after successful infection control. If this were to happen, the virus would cause only limited damage, just as was the case during the SARS epidemic 17 years ago. At that time, the disease reduced global growth by about 0.1 percentage points...
Georgieva: The EU has to ask itself why the productivity of its companies is so low, lower than in the U.S. in any case. How can it be that Europe is falling behind in those very areas to which it owes its economic strength: education and research? Why are young people in Bulgaria or France nowadays less able to calculate and read than their peers in Singapore or South Korea?
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