The pound has rallied faster than any other major currency this year, and U.K. stocks have been generating outsized gains in dollar terms. Read More
Tag: Eurozone
Europe wants a mutant COVID clause built into its vaccine supply contracts
The spread of variants which are more transmissible and potentially less sensitive to existing vaccines has spooked EU governments.
The EU’s flawed vaccine rollout will stymie growth in 2021, new forecast reveals
The European economy will recover more slowly this year as the coronavirus keeps a tight grip on the region, with the outlook resting largely on a vaccination campaign that has so far stumbled. The European Commission cut its forecast for euro-area growth this year to 3.8% from 4.2%, and said its predictions “crucially” hinge on virus containment […]
COVID-19 resurgence Lays back Europe’s economic recovery Expects
Europe’s economic prognosis is appearing less dismal this season than previously worried –but its projected retrieval from next year may be poorer than previously expected, as a result of its resurgence at COVID-19 case amounts throughout the country. { This ’s based on the EU’s executive body, the European Commission, that on Thursday issued its […]