A new survey by Reuters showed nearly nine out of 10 economists polled warned new Covid variants are the biggest risk to the eurozone, which they currently believe will grow by 4.5 percent in 2021. In addition, the latest coronavirus tracker from Reuters has revealed infections, while in most cases remaining below their historic highs, are rising in all but a handful of European countries. Oxford Economics has also collected data that shows the Delta variant now accounts for most new Covid cases in Britain, Portugal and Austria, and over 40 percent of infections in Germany, Spain and Denmark.
The researchers said the impact on the respected economies is hard to predict at the moment.
However, those countries with higher vaccination rates can take some comfort from the muted rise in hospitalisations and death rates in Britain and Israel.
Speaking in Parliament on Monday, the UK’s newly-appointed Health Secretary Sajid Javid confirmed all remaining restrictions in England will be lifted from next Monday, although he and Prime Minister Boris Johnson have urged the population to…