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82% of respondents to a Luxembourg for Finance snapshot survey conducted in early May said they see covid-19 as having a slowing effect on globalisation, with 51% also expecting an increasing fragmentation of the EU single market.
But sector still expects opportunities in digitalisation, sustainable finance and global growth
- Responses from 183 senior leaders across firms based in Luxembourg’s financial centre – including a mix of global and local asset managers, banks, insurers and professional service providers – revealed that three quarters (74%) of them do not expect to see economic conditions normalise to pre-crisis levels for at least 1 year, and potentially 2 to 3 years.
- 82% of respondents to a Luxembourg for Finance snapshot survey conducted...
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