This is how COVID-19 is affecting Europe's SMEs

Nov 3, 2020

Hospitality is one of the industries worst affected. Image: REUTERS/John Sibley - RC2NTF9CFKWX

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Exhibit one: Revenue has fallen for Europe's SMEs since the start of the pandemic. Image: McKinsey&Company

Exhibit two: Perception of strength of the European economy, by SMEs. Image: McKinsey&Company

Exhibit three: A fifth of European businesses are concerned about payment obligations. Image: McKinsey&Company

Exhibit four: Growth is expected to stall across Europe. Image: McKinsey&Company

Exhibit five: 10% of Europe's businesses expect they will have to file for bankruptcy within the next half a year. Image: McKinsey&Company

Exhibit six: Government support has been helping SMEs. Image: McKinsey&Company

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This is how COVID-19 is affecting Europe's SMEs

Nov 3, 2020

Karim Tadjeddine

Ruchi Sharma

Zdravko Mladenov

Jonathan Dimson

Explore and monitor how European Union is affecting economies, industries and global issues

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