European Structured Credit Transactions' Risk Exposure to Coronavirus (COVID-19) Effect

As the Coronavirus Disease (COVID-19) continues to spread, all aspects of the economy, including both consumers and businesses, are undergoing extraordinary pressure. Across Europe, governments and central banks have taken extraordinary measures to partially mitigate the negative economic effects of this pandemic - these measures include unemployment income support, tax deferral or waivers, moratorium on loan payments and measures to support credit supply to businesses.