Q3 2020 Business Update amid Covid-19
CEE Covid-19 evolution update-
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Number of positively tested persons rises across CEE, Europe
• Main features of current virus spread in Central and Eastern Europe
• Coronavirus has gone mainstream, reaching all sections of the population, while proliferation in spring was
immaterial in Central and Eastern Europe
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Testing capacities have multiplied over past weeks and months, resulting in higher detection rate
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(Relative) mortality continues to decline, while absolute number of deaths attributed to Covid-19 rises
Hospital capacities remain intact in most countries, but load factors rise everywhere, albeit from low levels
More pragmatic approach instead of full lockdown to protect economies (reducing social interaction, but
keeping industry open)
Summary of government measures in Central and Eastern Europe
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Austria: partial lockdown (production, retail trade and services, industry remain open), selective curfew
Hungary: travel restrictions, increased mask usage, limitation of restaurant opening hours
Czechia: re-introduction of temporary state of emergency and measures equivalent to lockdown, but with aim
to keep industry open
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Slovakia: embarking on nationwide testing exercise, selective curfew, school closures
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Romania: mask usage, social distancing, school closures
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Croatia: social distancing, smaller event sizes, mask usage
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Serbia: stricter mask usage, shorter restaurant opening hours, limitation of event sizes
ERSTEŚ
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