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What to expect from Europe’s economic recovery in 2021

Annabelle Timsit
A worker wears a protective mask after VW re-starts Europe's largest car factory after coronavirus shutdown in Wolfsburg, Germany, April 27, 2020, as the spread of the coronavirus disease (COVID-19) continues.
A worker wears a protective mask after VW re-starts Europe's largest car factory after coronavirus shutdown in Wolfsburg, Germany, April 27, 2020, as the spread of the coronavirus disease (COVID-19) continues.

The European economy will likely contract by 7% this year—its largest dip since World War II. That’s due to months of lockdowns imposed by governments eager to stop the spread of a virus that has killed close to 376,000 people in Europe in the last year. While there’s no V-shaped recovery in sight, the IMF…

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