The New Eurasian Land Bridge is an international passageway linking the Pacific and the Atlantic. The bridge runs from China’s coastal cities of Lianyungang and Rizhao to Rotterdam of the Netherlands and Belgium’s Antwerp, passing through Kazakhstan, Russia, Belarus, Poland and Germany. It serves more than 30 countries and regions.
In a new European Economic Forecast, the European Commission expects a deeper recession and a slower recovery for the economy of the Union. However, the blow caused by the pandemic differs from country to country with some states and industries expected to recover faster due to internal factors.