ECONOMY - FINANCE - BUSINESS / Economy

Despite difficult winter, European Commission sees “light at the end of the tunnel”

Brussels, 11/02/2021 (Agence Europe)

The European Commission believes that with the deployment of the Covid-19 vaccines, the economic rebound will be robust in 2021, at 3.8% of GDP for the euro area and 3.7% of GDP for the European Union.

“Following the contraction in almost all Member States, except Ireland, GDP is expected to expand in all Member States in 2021 and 2022. This is the famous light at the end of the tunnel!”, said the European Commissioner for the Economy, Paolo Gentiloni, on Thursday 11 February, when...