While European manufacturing output is recovering strongly, tougher coronavirus restrictions announced in France and Italy this week have underlined that a sustained and broad-based economic rebound is unlikely until the summer. Meanwhile, the German constitutional court has thrown another spanner in the works for policymakers by delaying ratification of the Next Generation EU programme. Next week, the focus will continue to be on the pandemic and the pace of vaccination. We will also look out for the minutes of the ECB’s last monetary policy meeting.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to gain:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services