and strict social restrictions are still in place, clouding the prospects for 2021.
The European Commission, the EU's executive arm, turned more negative on the economic recovery, cutting its GDP forecast for the year to 3.8%, from the 4.
"It'll take another couple of weeks or potentially another couple of months, but I'm optimistic about the phase just before summer," Hoekstra said. "I think then with a far increased level of vaccination, with the summer entering the continent, with all that we can do in terms of testing ... I'm actually quite optimistic that will be the phase where we slowly but surely get back to normal," he added.Hoekstra has long been a vocal supporter of fiscal prudence.
in the wake of the pandemic. This means that countries do not have to bring down their deficits to below 3% of their GDP, nor their debts to below 60% of GDP."Covid is taking longer than expected ... and it is hard to say when the change will come but definitely in my view, not this calendar year," he said.
Yea well Lift all covid measures and the economy will be back to normal Except for local businesses which they all killed off Good job all govs💩
'Rona growth?
RemindMe_OfThis in 4 months
lmao 🤡
dis clown 🤣👿🤡🤡🤡🤡🤡never .
Ye sure, puttin the goddamn country in full lockdown for months, destroying businesses in the process, printing money causing inflation and a debt bubble while agitating its inhabitants with bullshit rules like a curfew is so omega bullish for our economy.