EU to lose up to €100 billion due to vaccination failures, wary investors & no sign of reopenings – media

The European

The European economy reportedly risks losing tens of billions of euro, as the slack pace of its anti-Covid inoculation program causes serious concern among investors over potential growth and poor progress in business re-openings.

Distribution of vaccines across the European Union has been severely hampered by political divisions, supply disruptions, bureaucratic delays, an by plain public distrust. The single-currency bloc has administered eight doses per 100 people, compared to 33 shots for Britain and 25 for the US, Bloomberg’s Coronavirus Vaccine Tracker shows.

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