The Mayors for Economic Growth (M4EG) Secretariat has published an assessment of the immediate impact of the COVID-19 pandemic on the local economies in the Eastern Partnership following the first wave of the virus. The survey, which was conducted in June 2020, is based on the consolidated feedback of the Local Economic Development (LED) Partnerships in each country and presents the local perceptions of the impact of the epidemic on the local economy and its recovery prospects within a 2-3-year timeline.
The author of the assessment found among other things that the sectors generally most affected by COVID-19 to date do not include agriculture but instead the most negative consequences have been felt by tourism and food services. Even if agriculture in particular has not been badly hit by Covid-19, the priorities for future investment are focused on sectors that are generally of current importance to the local economy – chiefly, agriculture and tourism. Besides, LEDPartnerships with high levels of grey economy have a significantly more negative estimate of the impact of Covid-19 to date.
The main audience of the report is representatives of Local Governments in the EaP countries, but also national and regional authorities as well as national and international donors, who can get knowledge on how they can assist in revitalisation of the economy in the territories.
This website is managed by the EU-funded Regional Communication Programme for the Eastern Neighbourhood ('EU NEIGHBOURS east’), which complements and supports the communication of the Delegations of the European Union in the Eastern partner countries, and works under the guidance of the European Commission’s Directorate-General for Neighbourhood Policy and Enlargement Negotiations, and the European External Action Service. EU NEIGHBOURS east is implemented by a B&S Europe-led consortium. It is part of the larger Neighbourhood Communication Programme (2020-2024) for the EU's Eastern and Southern Neighbourhood, which also includes 'EU NEIGHBOURS south’ project that runs the EU Neighbours portal.