As is clear today, the months-long closure of day-care centres and schools due to Corona, was probably not necessary in order to slow down the spread of the virus. This is the conclusion of a growing number of health experts and policy makers in Europe. The risk of infection from children is rather low. The economic consequences of months of school closures are already severe. According to OECD calculations, the loss of one third of a school year already leads to a loss of three percent of later life income.
Is the 4-day week a model for the future of the working world after Corona?
In just a few weeks the Corona crisis has led to the biggest collapse in working hours in many countries. A new model for avoiding mass redundancies is the 4-day week, which is now being discussed. Even before Corona, many workers wanted more time for family, relaxation and further training.
Property prices and rents for flats continue to rise in the major cities even after Corona. One reason is above all the enormous increase in single households. The number of elderly people will also increase. Europe's major cities will become places for singles and senior citizens. This has consequences for housing and cohesion. The demand for smaller housing units and communal living will increase. Innovative and unusual solutions are needed.
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Submit your insurance claims with the touch of a button in the My Globality app. The app also provides easy, convenient access to your important insurance information including plan coverage, emergency contact information, and FAQs.