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Costs of the coronavirus epidemic 2020 for the Austrian economy

Since December 2019, the world has been experiencing a rapid spread of the coronavirus 2019-nCoV from the Chinese city of Wuhan. A number of drastic measures have been and are being taken in China and other countries to contain this epidemic, including the quarantine of entire cities or the construction of two new hospitals in Wuhan. Economic activities in the areas of trade, gastronomy or tourism are coming to a standstill. The impact of these measures on other countries and industries is largely uncertain at present.

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