Covid Specter back in Europe – Times of India

Austria will go into a nationwide lockdown on Monday and in February the chancellor. will implement a coronavirus vaccination mandate in Alexander Schalenberg Said on Friday. It is the second such lockdown in a European nation since spring after Latvia imposed similar restrictions last month, and the first national vaccine mandate to be announced in a Western democracy.
Austria has one of Europe’s highest national coronavirus infection rates, with 14,212 new cases reported in 24 hours on Thursday.
And this alpine The country has one of the lowest vaccination rates in Western Europe, with only 66% of the population fully vaccinated. The lockdowns, reminiscent of those imposed across Europe last winter before coronavirus vaccines were available, will last at least 10 days and affect both vaccinated and unvaccinated people.
Neighbour Germany Warned that it could follow suit, sending shudders through financial markets worried about the economic fallout.
A fourth wave of infections has plunged Germany, Europe’s biggest economy, into a national emergency, Health Minister Jenso span said. He urged people to reduce their social contacts, warning that vaccination alone would not reduce the number of cases.
Asked if Germany could rule out an Austrian-style complete lockdown, Spahn said: “We are now in a situation where we cannot rule out anything. We are in a national emergency.” European stocks retreated from record highs, while government bond yields, oil prices and the euro fell in Germany and other parts of Europe as specters of a fresh Covid-linked lockdown cast a new shadow on the global economy.
As cases rise again across Europe, many governments have reimposed limits on activity, from a complete lockdown in Austria to a partial lockdown in the Netherlands, to a ban on non-vaccination in parts of Germany, the Czech Republic and Slovakia. started.
Hungary reported 11,289 new Covid-19 cases on Friday, its highest daily number, and will make booster shots mandatory for all healthcare workers and the wearing of masks in most indoor spaces from Saturday. While the new measures across Europe are not seeing the economy as all-out lockdowns as last year, analysts say they could weigh on the recovery in the final quarter of the year, especially if they apply to the retail and hospitality sectors. affect the.

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