European Business Summit: Challenges and opportunities amid 4th covid wave

Follow 9News Nigeria On Social Media

Social sharing

While the governments all over Europe are preparing for new measures amid a rise of covid cases, the business world is concerned over the economic recovery.

Euronews went to the yearly European Business Summit which is happening in Brussels for more than 20 years and spoke to some of the key players of the business scene.

Food and beverages sector was one of the worst hit sectors of the pandemic and concerns are still there.

Paul Skehan- Senior Director Public Policy of Pepsico Europe

“One of the biggest fears would be the unpredictability of what comes. So, business thrives in relatively stable conditions and if you look back at the last two years it’s been a bit of a roller coaster of highs and lows and in fact parts of the sector have really come back quite strongly” Paul Skehan, Senior Director Public Policy of Pepsico Europe told euronews and he added that “if you look at Pepsico’s own figures for the second half of last year into early part of this year even while the second and third waves were happening we still have very good figures but it’s not the same as knowing what we can expect and how we can plan for the future”.

However, the digital economy sectors won from this crisis which accelerated the developments and brought changes that are here to stay.

Marc Reinhardt, Executive Vice President of Capgemini in Germany stressed that during the pandemic “the openness for digital solutions has exploded”.

He explained that “before it was always ‘a nice to have’ for some of the innovators, they always said it’s the next wave but the general population at least in Germany for example was somehow sceptical to it. But now, basically digital kept us alive and in business for most cases during the pandemic. So, a lot of companies, also a lot of government institutions have accepted that that’s the way to act also post-pandemic. So, for us it’s a big shift and it creates a lot of work for people involved in digitialization”.

The year ahead will be a pivotal one for Europe and its recovery which implies difficulties and challenges to the business sector, but also new perspectives for transformation.

Source

Leave your comment on this post

THE ROTTEN FISH: CAN OF WORMS OPENED OF APC & TINUBU'S GOVERNMENT OVER NIGERIA'S ECONOMIC DOWNTURN

WATCH THE CRITICAL ANALYSIS AND KNOW THE RESPONSIBLE PARTIES TO BLAME FOR NIGERIA'S ECONOMIC CHALLENGES, WHILE CITIZENS ENDURE SEVERE HARDSHIPS.

Watch this episode of ISSUES IN THE NEWS on 9News Nigeria featuring Peter Obi's Special Adviser, Dr Katch Ononuju, 9News Nigeria Publisher, Obinna Ejianya and Tinubu Support Group Leader, McHezekiah Eherechi

The economic crisis and hardship in Nigeria are parts of the discussion.


Watch, leave your comments, and share to create more awareness on this issue.


#9NewsNigeria #Nigeria #issuesInTheNews #politics #tinubu THE ROTTEN FISH: CAN OF WORMS OPENED ...
DON'T FORGET TO SUBSCRIBE AND LEAVE YOUR COMMENTS FOR SUBSEQUENT UPDATES
#9newsnigeria #economia #economy #nigeria #government @9newsng
www.9newsng.com

Leave your comment

Click on the link below or Scan the QR Code to join the 9News Nigeria WhatsApp Channel

9News Nigeria Investigative Reports WhatsApp Channel
9News Nigeria Investigative Reports WhatsApp Channel
About 9News Nigeria 13308 Articles
9News Nigeria is Nigeria's favourite news source. For Authentic, Unbiased News on Politics, Business, Sports, Technology, Entertainment and Lifestyles, Health, Nollywood, Crime and Investigations, Family and Relationships, Inspirations .. and much more. For Latest News from Africa and around the world, 9News Nigeria is your best source. WhatsApp +2348115805632 Email: info@9newsng.com Facebook: www.facebook.com/9NewsNG | Twitter/Instagram: @9newsng

Be the first to comment

Leave your comment