Sanya Dot

Europe’s economy is on track to return to its pre-crisis levels in 2022, the International Monetary Fund said on Wednesday. Though this projection depends on the region’s Covid-19 vaccination campaign. Europe's Pandemic-Stricken Economy European countries have been forced to introduce new restrictions or toughen previous public health measures in recent weeks as Covid … [Read more...] about Europe’s Economy Affected by Pandemic Could Return to Pre-Crisis Levels in 2021, IMF Says

European Central Bank President Christine Lagarde stated that there is “light at the end of the tunnel” for the region’s economy. She said she expects the second-half growth will be “very fast.” Europe Economy Recovery Despite a difficult struggle against the Covid-19 pandemic, the European Union will hit its economic stride later this year, European Central Bank President … [Read more...] about European Central Bank President Christine Lagarde Sees Rebound for EU Economy Before 2021 Ends

In early March 2020, as Italy was being brought to its knees by Covid-19, protests broke out in many prisons. Some degenerated into actual riots. According to ongoing investigations, Italy's various mafias appear to have played a major role in fomenting the chaos. Months later, in October, fierce protests broke out on the streets of Naples too. Italy's COVID-19 … [Read more...] about Italy’s Affected Economy Due to COVID Forces Mafias to Go After EU’s Billions

The crisis caused by the coronavirus, which has been going on for more than a year now, is far from being over. But perhaps the worst thing is that a latent pessimism – unjustified but real – all too often obscures data and realities which lean towards a cautious and reasoned optimism. If this is added to the political turmoil, Spain may face extreme confusion that alters … [Read more...] about Spain Sees Recovering Economy Amid Worsening Politics

Britain’s construction sector has had its sharpest pick-up in activity since 2014. This is amid signs that the domestic economy is recovering more quickly than Brexit- and pandemic-affected trade flows, new figures have shown. UK Rapid Economy Recovery The latest snapshot of the construction sector. This accounts for around 6% of total UK output, pointed to an … [Read more...] about UK Construction on the Rise Amid Fast Economic Recovery