According to preliminary data showed on Friday, business activity in the eurozone expanded again in April, which provides some positive momentum for the second quarter. European countries have stepped up their vaccination rates, but some nations remain in lockdown amid the third wave of Covid-19 infections. IHS Markit’s flash composite PMI for the eurozone, which looks at … [Read more...] about European Economic Recovery is Going Faster with France Leading the Growth
New Zealand-Australia Bubble Now Open, Expects to Help Economy of Both Countries
Hundreds of Australian passengers on Monday were greeted at Auckland Airport with welcome signs and live music. New Zealand opened its doors to quarantine-free travel from its bigger neighbor for the first time since COVID-19. It brought the world to a standstill in March 2020. NZ-Australia Travel Bubble The two-way "trans-Tasman travel bubble" officially began at 11:59 … [Read more...] about New Zealand-Australia Bubble Now Open, Expects to Help Economy of Both Countries
Italy’s Economic Recovery Plan Encouraged to Include Communities
For months now, public debate about Italy’s post-pandemic economic recovery has focused on an upcoming deadline. On April 30, the country must submit a “recovery and resilience plan” to the European Commission to access funds from its Next Generation EU program. Italy's Economic Recovery Italy will need to take the environment into account. The program is a key element … [Read more...] about Italy’s Economic Recovery Plan Encouraged to Include Communities
UK Economy Returns to Growth Amid COVID-19 Restrictions
The UK economy returned to growth in February. This is despite pressure from continuing government Covid restrictions. Businesses adapted to lockdown, and EU exports staged a partial recovery. UK Recovery The Office for National Statistics said gross domestic product (GDP) rose by 0.4% in February from a month earlier. The economy showed some signs of improvement after … [Read more...] about UK Economy Returns to Growth Amid COVID-19 Restrictions
UK Business Leaders are Optimistic as Businesses Hits Record High
Optimism among business leaders is at a record high based on hopes that Britons will commence a multibillion-pound summer. A chance to go on a spending frenzy is here after being freed from lockdown. UK Businesses are Recovering Non-essential shops and other businesses in England reopened for the first time since January. Three separate studies suggest that the bounce back … [Read more...] about UK Business Leaders are Optimistic as Businesses Hits Record High