00:00Il spread of the coronavirus, Covid-19, has been a major shock to the growth prospects of the global economy
00:10and the euro area economy.
00:13And it has heightened market volatility.
00:16Even if ultimately temporary by nature, it will have a significant impact on economic activity.
00:24In particular, it will slow down production as a result of disrupted supply chains and reduce domestic and foreign demand.
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