The Covid-19 crisis has had a substantial impact on the EU27 economy and triggered unprecedented policy responses across Europe and the globe. With evidence on the effects on EU industry manifested until the beginning of 2021, this report addresses the following issues:
i) the impact of Covid-19 on the EU economy as a whole and across sectors
ii) the impact on strategic value chains
iii) necessary recovery measures to meet the needs of the EU industry.
CEPS author Jorge Núñez Ferrer contributed to this study led by ECORYS, which was prepared for the Policy Department for Economic, Scientific and Quality of Life Policies at the request of the committee on Industry, Research and Energy (ITRE).