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Covid-19 Surge Slows European Recovery, but Supply Problems Ease
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wsj.comRising Covid-19 infection rates and greater caution resulting from the uncertain threat of a new variant have weakened Europe’s economic recovery, but there are signs the supply blockages that have hobbled factories over recent months are easing.
Even before the existence of the Omicron variant was confirmed in late November, infection rates in Germany and other parts of Europe were on the rise, prompting a fresh wave of government restrictions and consumer hesitancy. Signs that Omicron can spread more rapidly than the currently dominant Delta virus have only added to those headwinds.
Read more on wsj.comAbout this in other media
Pope Francis holds traditional Christmas mass as COVID-19 cases surge in Italy euronews.com /2 years ago
European markets slightly lower as investors monitor omicron developments cnbc.com /2 years ago
European stocks seen higher on signs of hope about omicron cnbc.com /2 years ago
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