Publishing date: Jul 24, 2021 • 13 hours ago • 4 minute read •
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(Bloomberg) Europe’s southern countries can now claim the brightest collective outlook since the creation of the euro once the final hurdles of the coronavirus are overcome in a dramatic turnaround after two decades of malaise and crisis.
With nearly half of the European Union’s 800 billion-euro ($942 billion) recovery fund flowing their way, officials and business people from Athens to Madrid are gearing up for an unprecedented period of investment that might just succeed in altering their economic destinies.
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