IMF Regional Economic Outlook for Europe
With new waves of COVID-19 infections hitting Europe, the recovery remains halting. However, vaccinations are progressing and thus Europe’s GDP growth is projected to rebound by 4.5 percent in 2021. Policymakers need to prepare measures to stimulate hiring and investment once the pandemic is under control.
Source: International Monetary Fund
Railway freight express puts China-EU cooperation amid pandemic on fast track
Since the COVID-19 outbreak, the freight trains have been playing a crucial role in supporting Europe’s anti-epidemic fight by opening «green passages» for the transport of important supplies and raw materials.The China-Europe rail transport service is widely expected to play an increasingly important role in the post-pandemic era.