Bloomberg

Lockdown 2.0 shows Europe's businesses are learning from the pandemic

Stefan Brandl, chief executive officer of EBM-Papst, during an interview at the company's headquarters in Mulfingen, Germany, on May 15, 2018. Foto: Bloomberg/Dominik Osswald

European small businesses that survived the first coronavirus lockdowns are getting creative to weather the second wave and the long-term fallout from the pandemic.

Faced with the prospects of another recession and uncertainty over how long the crisis may last, firms are fighting to retain existing customers and hunting for new ones to stay afloat. Many have learned from the painful experience of the first lockdown to navigate some of the drastic long-term changes to work and consumer behavior brought about by the virus...

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