Monday, March 1, 2021

Despite billions of reserved doses, Europe fails to vaccinate and intensifies crisis

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The new year should bring better economic fortune to the whole of Europe, as coronavirus vaccines were being applied.

Instead, the eurozone economy shrank by the end of 2020, according to official data this month, raising fears of a renewed recession and demonstrating that the pandemic is likely to remain a force for at least a few more months, thanks to European Union’s problems in distributing vaccines.

Economic output in the 19 eurozone countries fell 0.7% in the fourth quarter from the previous quarter, according to a preliminary estimate by the official European Union statistics agency. In the whole year, global production fell 5.1%.

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Emma Corrin thanks Princess Diana for the Golden Globe: ‘She taught me compassion’

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Despite billions of reserved doses, Europe fails to vaccinate and intensifies crisis