So long credit support?

COVID-19 has caused unprecedented disruption to business. Since
the first lockdowns, governments have used credit support
programmes as the main instrument to mitigate the liquidity shock
businesses have been facing. Have the programmes worked?



Bruegel Director Guntram Wolff is joined by Bruegel's very own
Julia Anderson, Francesco Papadia and Nicolas Véron to talk about
their research into credit support programmes in Europe’s five
largest economies. They share their findings with us as well as
possible policy implications.





Related research:


Anderson, J., F. Papadia and N. Véron (2021) ‘COVID-19
credit-support programmes in Europe’s five largest economies,
Working Paper 03/2021, Bruegel
Dataset, Loan guarantees and other national credit-support
programmes in the wake of COVID-19


Anderson J., Papadia F. and Véron N. (2020)
‘Government-guaranteed bank lending six months on’, Bruegel Blog,
29 September