On the Horizon: What to Watch in 2021

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3 21 things to watch:

GLOBAL EUROPE

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Shutterstock.com/ Elena.Katkova

Europe’s Long Road to Pandemic Recovery COVID-19 ravaged Europe with unprecedented ferocity and scale. In 2021, the challenge will be to mitigate the health impact of the virus, distribute vaccines widely and equitably across the continent, and engineer an economic revival. The European Union passed a groundbreaking $2.2 trillion economic recovery package that includes agreement on the bloc’s next seven-year budget. Tangible signs of recovery are already visible. Investment activity is stirring. Trade is restarting. Nonetheless, the return to healthy societies and economies will take time, and likely will be uneven within and across countries. Moreover, even with vaccines now available, COVID-19 will remain a scourge. And the changes wrought by the pandemic are profound. The crisis is reconfiguring European supply chains, reinforcing calls for a Green recovery, boosting investment in healthcare infrastructure, and accelerating the adoption of next-generation technologies.

Featured Experts:

www.wilsoncenter.org/globaleurope

Daniel S. Hamilton, Director, Global Europe Program

GEP@wilsoncenter.org

Catherine Ashton, Bank of America Global Europe Chair

facebook.com/GlobalEuropeProgram @WilsonCenterGEP 202/691-4353 years

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year


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