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Rising Delta virus, absent Brits dampen Europe s tourism hopes
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Coronavariante im Urlaub: Delta-Virus schürt Sorgen um den Reisesommer
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Pandemicâs third wave leaves European economies playing catch-up
Even as Australia, the US and China regain pre-COVID-19 levels of output, Europe is in a double-dip recession. Yet the markets still find reasons to be cheerful.
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London | We learned lately that the US economy powered back to pre-COVID-19 levels in the first quarter, while the Chinese economy notched up its fastest growth in at least 30 years, and the eurozone slumped into a double-dip recession with a 0.6 per cent contraction. Anyone spot the odd one out?
Europe is yet to emerge from the pandemicâs paralysing grip, enjoying the dubious distinction of a brutal third wave of COVID-19. Lockdowns have inevitably followed, the Brussels battery of fiscal bazookas is not yet firing, and the European Central Bank is close to its loosening limit.
Apie žaidimÄ
Point n Click, adventure game made entirely out of real paper.
Featuring music of Tomáš DvoÅák (Floex).
Papetura
Apie žaidimÄ
Point n Click, adventure game made entirely out of real paper.
Featuring music of Tomáš DvoÅák (Floex).
Aprašymas
Papetura is a point n click, adventure game that takes place in a fantasy world where everything is made out of paper. Evil forces gather and aim to burn all the world with fire. Player takes the role of Pape and Tura - two inhabitants of said paper world. Pape is a shy humanoid and Tura - a paper kitty cat. Those two are on a quest of saving their paper world, from destruction.
With vaccinations finally picking up speed, attention is turning the prospect of an economic rebound.
In a re-run of the ‘V-shaped’ recovery predictions we heard so much about early on in the crisis, both Central Bank Governor Gabriel Makhlouf and the Economic and Social Research Institute (ESRI) have recently touted the potential of the current savings glut being unleashed.
With the pubs shut, among other things, households stashed away a record €14.2 last year. Total deposits are €125bn. Unlocking those savings would indeed be a lifesaver for our shuttered main streets. The rise in deposits alone is equal to nearly seven percent of adjusted gross national income (GNI ).
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