- Home
- Business
- News
- Uncertainty Over Pandemic Could Affect Recovery of European Economy - EU Commissioner
Uncertainty Over Pandemic Could Affect Recovery Of European Economy - EU Commissioner
Sumaira FH Published December 06, 2021 | 08:14 PM
The European economy has been recovering recently, but the process may be hindered by the uncertainty caused by the COVID-19 pandemic, Paolo Gentiloni, European Commissioner for the Economy, said on Monday
MOSCOW (UrduPoint News / Sputnik - 06th December, 2021) The European economy has been recovering recently, but the process may be hindered by the uncertainty caused by the COVID-19 pandemic, Paolo Gentiloni, European Commissioner for the Economy, said on Monday.
"We know that the European economy is in recovery, but we also know that what we call headwinds are there and they are increasing also because of the uncertainty on the pandemic. So how to address this situation: a positive situation for our economies but with a lot of uncertainty," Gentiloni said before the Eurogroup meeting.
The European stock market has faced a volatile couple of weeks as countries began ramping up restrictions to curb the spread of the Omicron coronavirus variant, causing concerns over the potential impact on economic recovery.
Related Topics
Recent Stories
ICC Womens T20 World Cup Qualifier, Match 2: Ireland Women open with Comfortable ..
Robinson, bowlers help New Zealand go 2-1 up against Pakistan
Shahzeb Chachar to hold khuli kachehri on April 26
Heatwave amid Israel's aggression in Gaza brings new misery, disease risk
Tourism must change, mayor says as Venice launches entry fee
Court adjourns Judicial Complex attack case till May 17
Nasreen Noori’s book ‘Popatan Jahra Khwab’ launched
Wafaqi Mohtasib inspection team visits Excise and taxation office
AJLAC announces 5th Conference titled ‘People’s Mandate: Safeguarding Civil ..
Pak-US officials engage to enhance trade, investment ties
IBCC to promote educational excellence, expand regional presence
Pakistani 'Blue Helmets' serving UN Peacekeeping Mission in DR Congo set to leav ..
More Stories From Business
-
Chinese minister felicitates Ahsan Iqbal on reappointment as Planning minister
8 hours ago -
Pak-US officials engage to enhance trade, investment ties
9 hours ago -
Stocks fall as tech shares sink, US economy slows
10 hours ago -
Higher taxes, awareness help decrease cigarettes sale in Pakistan
11 hours ago -
Ahsan Iqbal chairs CPEC JWGs, 13th JCC review-meeting
11 hours ago -
Industries Minister recommends urea fertilizer import to stabilize prices and supply
11 hours ago
-
Honda announces US$11 bn EV battery and vehicle plant in Canada
11 hours ago -
Zhao Shirin calls on Punjab Industries Minister
12 hours ago -
CEO APM Terminals calls on Finance Minister
12 hours ago -
SACM visits GTVC checks attendance register
12 hours ago -
CEO APM Terminals meets Commerce Minister
12 hours ago -
RTO destroys huge quantity of non-duty paid cigarettes
12 hours ago