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French economy weathers April lockdown better than last year’s

Bloomberg The French economy is slowing only slightly in April due to the tightening of Covid-19 restrictions, easing concerns that school closures would cause a deeper contraction. The Bank of France said activity will decline to 7% below pre-crisis levels in April after President Emmanuel Macron imposed stricter travel restrictions and ordered schools and nurseries to close. The hit to ...

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Denmark to reopen borders for some nations

Bloomberg Denmark will gradually reopen its borders to some countries next month when older Danes are expected to have gotten at least one Covid-19 vaccination shot, the government said. Denmark will be open to vaccinated citizens from European countries as of May 1, the government said. Residents who haven’t gotten a shot but come from European countries with low contamination ...

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UK economy rebounds as end of lockdown nears

Bloomberg The UK economy rebounded in February as a mass vaccination program and the prospect of a loosening of coronavirus restrictions lifted consumer confidence. Gross domestic product rises 0.4% following a revised 2.2% decline in January, the Office for National Statistics said. All the main sectors of the economy saw output rise. The economy remains 7.8% smaller than it was ...

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