Articles
16 March 2021

Colijn: Why some eurozone countries are set to recover far quicker than others

ING's Senior Economist for the Eurozone, Bert Colijn, on why some countries such as the Netherlands and Germany are set to recover economically far quicker than the likes of Spain and Italy. Read all the details in our Eurozone Quarterly here

Why some eurozone countries are recovering so much better than others

With extended lockdowns and a slow start to vaccinations, the eurozone economy has got off to a disappointing start to 2021 and it's expected to contract again for the first quarter, with many countries still having a lot of restrictions in place to curb the spread of the virus. Recovery should start quickly from the second quarter. But countries such as the Netherlands and Germany are closer to their pre-pandemic levels of economic output than others such as Italy and Spain. ING's Bert Colijn looks at just what's going on and why 2021 is set to be far more challenging for some European countries than others.

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