France & (Italy) at risk of recession due virus5 Mar 2020 12:12
You bet given ncyt being also French, to ward off recession the government will be using ncyt tests. Plus the french are very loyal to their brand.
Well they have no choice, have they?
EU commission has upped their virus alert from moderate to high (as posted yesterday). The french government known to be wanting to be seen leaders within the EU, they will be pushing for ncyt tests to be used all over Europe...and it’s good business and tax return for them. Well EU too have no choice, ncyt tests are the only efficient one available.
SharesCast News from HL yesterday
“In the European Union, a briefing note from the Commission warned that France and Italy risked a technical recession.
"Cascading effects could stem from liquidity shortages in firms that have to stop production, amplified and spread out by financial markets," it highlighted, according to Bloomberg.