, the world fails to prevent rapid contagion of a novel coronavirus, breaks down the regular all-inclusive socio …-economic channels, damages countless lives and livelihoods and forces global economic downturn could be facing world's worst depression … crisis, rising hunger, job layoffs, educational institutions closure, supply chain interruptions and shutting down businesses …

EU institutions to the pandemic crisis and their articulation with national governments. In the political-economic arena …

policies were applied, causing a W-shaped crisis that no other economies in the world suffered, while the European Central Bank …