DIGITAL RESPONSE TO COVID-19 INFECTED ECONOMY: A EUROPEAN UNION PERSPECTIVE

Abstract

Since January 2020, the world has been experiencing an unexpected pandemic which has affected people around the world both economically and socially. Mostly the demands of people, for goods and services were provided through online shopping;besides, working from home, public & private transactions were made possible by digital opportunities. Now, we are experiencing the time for testing digital instruments for economic recovery. In this study, response and potential of digitization for economic recovery will be assessed by taking the European Union (EU) case. As a response to the crisis, the EU has prioritized digitization as a tool for recovering from economic effects of COVID 19. In this study, the approach of the EU for the mitigation of "COVID infected" economy will be evaluated.