Financial fragility after #COVID19

<div>In this episode we discuss financial fragility in European households in the time of COVID-19. </div> <div> </div> <div>Before the pandemic hit, a substantial share of households reported that they would be unable to handle a financial emergency. In some EU countries, many had savings equivalent to just a few weeks of basic consumption.</div> <div> </div> <div>Giuseppe is joined by Maria Demertzis, deputy director at Bruegel, and Anna Maria Lusardi, Academic Director of the George Washington University Global Financial Literacy Excellence Center who have authored a <a href="https://www.bruegel.org/2020/07/the-financial-fragility-of-european-households-in-the-time-of-covid-19/">paper published by Bruegel</a> on the topic</div> <div> <br> What did they find out, about how households finances have been impacted by the pandemic so far? <br> <br> <em>Episode's guests: </em><br> Maria Demertzis, Deputy Director, Bruegel  <br> Anna Maria Lusardi, Academic Director of the George Washington University Global Financial Literacy Excellence Center<br> <br> <em>Hosted by:</em><br> Giuseppe Porcaro, head of outreach and governance at Bruegel   </div>