ECB Charts Lone Crisis Stimulus in Choppy Wake of Shifting Fed
Alexander Weber and James Hirai, Bloomberg News The European Central Bank (ECB) headquarters beside the River Main in Frankfurt, Germany, on Thursday, June 17, 2021. European Central Bank Chief Economist Philip Lane signaled that policy makers may not have all the data they need by September to start shifting policy away from the current ultra-loose stance. , Bloomberg
(Bloomberg) European Central Bank officials are gearing up for a new phase of crisis response where their ultra-loose monetary stimulus becomes an increasingly lonely effort while the rest of the world moves on.
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Clouds still linger over Europe saving its summer
Improved jab rollouts and vaccine passports have lifted hopes the region can salvage its tourism season, but could it be too late?
3 May 2021 • 5:00am
With its rugged clifftops, clear Mediterranean waters and black lava beaches, Santorini is an island paradise just a four-hour flight from Gatwick Airport.
But for most of the last year, that journey has seemed as impossible as a trip to the other side of the world.
Hopes are now high for a sizzling summer recovery as restrictions ease and millions of Covid jabs go into arms. Santorini’s luxury hotels, restaurants and yachts gear up for a big tourism reopening later this month.
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