Named winner of coronavirus country

Thanks to the taken measures in the world after the pandemic of the coronavirus most likely to thrive will be Germany, writes July 19, The New York Times.

According to journalists, severe shocks and will avoid Russia.

Thus, the publication indicates that the coronavirus has accelerated the trend of self-isolation of national economies. Many countries increased public debt, to ensure the growth of the economy.

Despite technological superiority, the United States and China have accumulated too much debt, and the actions of their governments in pandemic conditions remains controversial. Analysts believe that the impact of the pandemic on the economies of these powers will be serious.

To rely on the population of Vietnam, promptly stopped the coronavirus on the approach, and the Russian Federation, which in recent years has accumulated experience of dealing with external financial pressure.

“Protective measures (Russia. ― Ed.) may be particularly valuable in the context of a breakdown of globalization,” the article reads.

However, the main economic winner pandemic edition called Germany, which showed their strengths, so that its large economy can be expected to prosper.

“Her reaction to the pandemic demonstrated the advantages possessed by this country: effective government, and low debt, for an economy whose excellent reputation protects German exports in the face of shrinking world trade and a huge potential for the creation of private IT-companies”, ― stated in the article.

Journalists pointed out that Germany has entered a crisis caused by a coronavirus, with a budget surplus and was able to maintain its economy even in the conditions imposed quarantine measures.

On 16 July the President of Russia Vladimir Putin praised the measures against coronavirus-induced crisis in Russia. According to him, actions such as direct payments to families with children, increased unemployment benefits, write-off of tax payments, placing additional orders for the enterprises of key industries, and a number of other measures “hit the spot”.