Eurozone faces second lost summer unless vaccinations speed up
Europe needs to vaccinate as quickly as the US to hit target of welcoming tourists by July, warns investment bank BAML
13 April 2021 • 7:25pm
Europe must pick up the pace on vaccinations or risk losing out on a crucial second tourist season, analysts have warned.
The verdict from investment bank BAML comes as European nations struggle to open up their economies in the face of a third Covid-19 wave that has forced France and Germany to tighten restrictions instead.
Europe is more exposed to the international tourism market hit hardest by the pandemic, but its vaccine rollout is only now picking up pace after months of diplomatic rows over delays to the AstraZeneca vaccine.
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