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Many companies will not survive a third Covid wave

Published: 04th March 2021 Last updated: 04th March 2021

In a third Covid wave, more and more companies will get in trouble for longer and may collapse. If billions are needed again, there may be a limit to this support, according to tax economist Ed Westerhout in Univers.

Main challenges for the future, Westerhout says, are climate change, the division in the labor market, the tax system, and wealth inequality.

The state has already spent tens of billions of euros on corona aid packages and the end of the pandemic is nowhere in sight. Where is all this money coming from, how long will we be able to keep this up, and what are the consequences of this major expenditure for the future economy of the Netherlands? Univers asked Ed Westerhout these questions.

Read the entire interview here (in Dutch).