| UPDATED: 12:47, Mon, Feb 22, 2021 Link copied Warren Buffett discusses EU and the euro in 2011 Sign up to receive our rundown of the day's top stories direct to your inbox SUBSCRIBE Invalid email When you subscribe we will use the information you provide to send you these newsletters. Sometimes they'll include recommendations for other related newsletters or services we offer. Our Privacy Notice explains more about how we use your data, and your rights. You can unsubscribe at any time. The eurozone is on course for a double-dip recession after the second wave of COVID-19 infections during the last quarter of 2020 sent the recovery into reverse. As a result of national governments introducing new restrictions and lockdowns to try to curb the spread of the virus, the eurozone’s GDP fell by 0.7 percent from October to December. With lockdowns likely to persist through much of the first quarter of 2021 and the EU's sluggish start of its vaccine rollout programme, analysts believe the bloc will almost certainly suffer a second bout of declining economic activity during January to March.