The second wave of the coronavirus now sweeping Europe is threatening to halt the region’s economic recovery, leaving many of its businesses and workers uncertain about their future and prolonging the time it will take for the continent to heal from the worst economic crisis in decades.

European governments have responded to the sharp rise in coronavirus infections with new restrictions on people and businesses, but have stopped short of the draconian lockdowns of the spring, hoping to protect the region’s economic recovery.

But fresh evidence suggests the second wave of infections is already interrupting Europe’s comeback from what was the deepest contraction the region has experienced in peacetime.

Source

Back to Latest