Tourism acts as Covid-19 amplifier in the eurozone


Tourism has become a channel amplifying the economic crisis unleashed by the Covid-19 pandemic, says research published by the European Central Bank.

Due to its larger effect on sectors dependent on travel and human interactions, countries more reliant on them are suffering a deeper crisis, which increases fragmentation risks.

The most vulnerable countries are the net exporters of travel services, countries including Italy, Greece, Portugal and Spain.

“In Italy and Spain, domestic consumption

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here:

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: