Over the last past months, it has become clear that the Coronavirus poses a considerable health threat on a global scale. The virus that causes the illness COVID-19 is called the Severe Acute Respiratory Syndrome Coronavirus 2 (SARS-CoV-2). The virus mainly attacks healthy cells located in the lungs, causing respiratory problems. To alleviate the breathing difficulties in the most serious cases, a ventilator is used to push air, with increased levels of oxygen, into the lungs. While most of the infected patients experience minor flu-related symptoms, up to 20% of the cases require
Undoubtedly, the COVID-19 pandemic instilled fear among consumers, companies, and governments with regards to the magnitude of impact on economies across the world. In previous data stories the European Data Portal has already discussed how the COVID-19 crisis has affected the economy, covering specific topics such as consumer confidence, unemployment, and GDP growth.
Another market that is severely impacted by COVID-19 is the financial market, which experienced strong shocks worldwide. The performance of financial markets has a widespread impact on many areas such as employment, the sales of