How will Europe rebound from the COVID-19 crisis

Authors

  • Julie Teigland

    EY EMEIA Area Managing Partner; EY Global Leader, Women. Fast forward

  • Marc Lhermitte

    Partner, EY Consulting, Global Lead – FDI & Attractiveness

  • Alessandro Cenderello

    EY Europe West Government and Infrastructure Leader; Managing Partner for EU Institutions; International Development Leader

14 minute read 06 Jul 2021
Related topics
Digital
Growth
Long term value
EU Institutions

To remain a long-term attractive investment destination and rebound from the COVID-19 crisis, Europe needs to address new business priorities.

Business leaders around the globe are being propelled toward a paradigm shift, expedited by the COVID-19 pandemic. Amid these unprecedented circumstances, investors still perceive Europe to be a stable environment with an abundant supply of skilled labor, robust infrastructure, political stability and a large, addressable market. The EY Europe Attractiveness Survey 2021 focuses on understanding the impact of COVID-19 on foreign investment in Europe and the expectations around investment opportunities in the next few years. The good news is that our survey clearly indicates that foreign investment is set to rebound in Europe, after the 2020 downswing.

How EY can Help

To coincide with the release of the 20th edition of the EY Europe Attractiveness survey 2021 (pdf) launched on 7 June, the EY organization set up  a virtual panel discussion to share insights on the future of Europe. Karel Lannoo, CEO of the Centre for European Policy Studies (CEPS), a leading think tank and forum for debate on EU affairs, and Julie Linn Teigland, EY EMEIA Area Managing Partner, joined Alessandro Cenderello, EY Managing Partner for EU institutions, to talk about some of the positive signs and developments that are expected to help Europe rebound from the COVID-19 crisis. They were joined by Marc Lhermitte, EY Consulting Global Lead – FDI & Attractiveness, who shared highlights of the latest data from the EY Europe Attractiveness Survey.

Summary

Foreign investors back Europe, but is Europe back? Watch this discussion on the outcomes of this year's EY Europe Attractiveness Survey and key factors that leaders must consider to ensure Europe’s rebound in the aftermath of COVID-19.

About this article

Authors

  • Julie Teigland
    EY EMEIA Area Managing Partner; EY Global Leader, Women. Fast forward
  • Marc Lhermitte
    Partner, EY Consulting, Global Lead – FDI & Attractiveness
  • Alessandro Cenderello
    EY Europe West Government and Infrastructure Leader; Managing Partner for EU Institutions; International Development Leader
Related topics
Digital
Growth
Long term value
EU Institutions

Related articles

Foreign investors back Europe, but is Europe back?

COVID-19 caused a 13% decline in foreign investment in Europe. Swift action is needed to secure Europe’s long-term attractiveness. Find out more.

Julie Teigland + 2

    EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients.