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Euro area recovery poised to start, uncertainty looms | Hellenic Shipping News Worldwide


Euro area recovery poised to start, uncertainty looms
After a difficult first quarter of 2021, confidence in the euro area economy rose at the end of March. Forecasters predicted that a recovery is likely in the following quarters but also cautioned uncertainty surrounding the pandemic and the vaccine roll-out.
Euro area economic activity contracted less than expected in the fourth quarter last year, yet the uptick in momentum was met with headwinds in the first months of 2021 amid the ravaging pandemic, prolonged containment measures, and a sluggish vaccine roll-out.
Last week, the German Ifo Institute, the KOF Swiss Economic Institute, and the Italian Istat Institute, jointly forecast economic output in euro area economy in the first quarter to have fallen by a further 0.4 percent compared with the previous quarter. ....

United States , German Ifo Institute , European Central Bank , European Commission , Swiss Economic Institute , Ifo Institute , European Union , Italian Istat Institute , Economic Institute , Purchasing Manager Index , Export Expectations , Next Generation , Philip Lane , ஒன்றுபட்டது மாநிலங்களில் , ஜெர்மன் இபோ நிறுவனம் , ஐரோப்பிய மைய வங்கி , ஐரோப்பிய தரகு , சுவிஸ் பொருளாதார நிறுவனம் , இபோ நிறுவனம் , ஐரோப்பிய தொழிற்சங்கம் , பொருளாதார நிறுவனம் , வாங்குதல் மேலாளர் குறியீட்டு , ஏற்றுமதி எதிர்பார்ப்புகள் , அடுத்தது ஜெநரேஶந் , பிலிப் சந்து ,

Economic Watch: Euro area recovery poised to start, uncertainty looms - World News


2021-04-05 15:07:02 GMT2021-04-05 23:07:02(Beijing Time) Xinhua English
FRANKFURT, April 5 (Xinhua) After a difficult first quarter of 2021, confidence in the euro area economy rose at the end of March. Forecasters predicted that a recovery is likely in the following quarters but also cautioned uncertainty surrounding the pandemic and the vaccine roll-out.
Euro area economic activity contracted less than expected in the fourth quarter last year, yet the uptick in momentum was met with headwinds in the first months of 2021 amid the ravaging pandemic, prolonged containment measures, and a sluggish vaccine roll-out.
Last week, the German Ifo Institute, the KOF Swiss Economic Institute, and the Italian Istat Institute, jointly forecast economic output in euro area economy in the first quarter to have fallen by a further 0.4 percent compared with the previous quarter. ....

United States , German Ifo Institute , European Central Bank , European Commission , Swiss Economic Institute , Ifo Institute , European Union , Italian Istat Institute , Economic Institute , Purchasing Manager Index , Export Expectations , Next Generation , Philip Lane , ஒன்றுபட்டது மாநிலங்களில் , ஜெர்மன் இபோ நிறுவனம் , ஐரோப்பிய மைய வங்கி , ஐரோப்பிய தரகு , சுவிஸ் பொருளாதார நிறுவனம் , இபோ நிறுவனம் , ஐரோப்பிய தொழிற்சங்கம் , பொருளாதார நிறுவனம் , வாங்குதல் மேலாளர் குறியீட்டு , ஏற்றுமதி எதிர்பார்ப்புகள் , அடுத்தது ஜெநரேஶந் , பிலிப் சந்து ,