Magical Trade
Friday, March 24, 2023
  • Home
  • Trade News
  • Email Whitelisting
  • Privacy Policy
No Result
View All Result
  • Home
  • Trade News
  • Email Whitelisting
  • Privacy Policy
No Result
View All Result
Magical Trade
No Result
View All Result
Home Trade News

Back to reality at last? Covid rules are being dropped in Europe despite high omicron spread

by
January 28, 2022
in Trade News
0
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

RELATED POSTS

Wall Street downgrades European banks and names stocks to buy ‘in case markets turn sour’

‘Can’t get their act together’: Crypto firms slam SEC, Washington for lack of clarity on rules

People have drinks at a bar along the Rembrandtplein as cafes and restaurants reopened following the relaxation of the Covid-19 measures, in Amsterdam on January 26, 2022. The Netherlands lifted some of Europe’s toughest Covid restrictions with bars, restaurants and museums allowed to reopen their doors, Prime Minister Mark Rutte said on January 25, 2022.
RAMON VAN FLYMEN | AFP | Getty Images

LONDON — From the re-opening of bars and restaurants to the dropping of legal requirements for masks, many of Europe’s biggest economies are now relaxing Covid-19 rules and restrictions in a bid to salvage their economies.

This is in spite of high levels of infections across Europe, largely caused by the spread of the omicron variant. But many governments are now impatient to reopen their societies, particularly as it has become clearer that the new variant causes fewer hospitalizations than previous strains, and as booster Covid vaccine shots continue to be rolled out.

Many citizens in continental Europe have become increasingly frustrated and angry at restrictions, especially when seeing other countries like the U.K. faring relatively well after it opted against tighter restrictions amid the omicron wave.

On Thursday, England brought an end to the legal requirement for face coverings and Covid passes to access certain venues as the government relaxed its so-called “Plan B” measures that were enacted before Christmas.

Meanwhile in the Netherlands — which had some of the toughest rules in Europe with the country going into a partial lockdown before the holiday period — bars, restaurants and museums were allowed to reopen on Wednesday although the former must close at 10 p.m. Social-distancing rules remain, people are still advised to work from home and there is a limit to the number of guests people can receive at home.

Announcing the relaxation of measures, Dutch Prime Minister Mark Rutte said in a televised address Tuesday “we really are taking a risk today, and we have to be clear about that.”

Denmark has also announced plans to scrap all Covid measures by Feb.1 with the Danish government issuing a statement Wednesday that it has “decided that Covid-19 should no longer be categorized as a socially critical disease after 31 January 2022” although there would still be some rules, like mask-wearing in elderly care home settings.

While Covid cases have peaked and are falling in the U.K., cases in France and Germany are still near records. On Wednesday, France reported just over 428,000 new Covid cases over the previous 24-hour period. Germany reported a new record of 164,000 new daily infections on the same day, but this was trounced Thursday, with 203,136 new infections reported by the public health body, the Robert Koch Institute.

Germany shows no signs of easing restrictions, as yet, but France’s Health Minister Olivier Veran said Tuesday (when more than 500,000 daily Covid infections were reported) that he believed France would hit the peak in a matter of days. The government has already signaled that it will ease work-from-home rules from early February and will then allow nightclubs to reopen several weeks later.

While infection levels remain high, government officials have been focusing in on data showing a decoupling of infection rates and hospitalizations when making the decision to cautiously re-open.

While omicron has been more transmissible than previous variants like delta, it has caused less severe illness (although mass Covid vaccination coverage has helped) and booster shots significantly improve one’s immunity against omicron.

Different rates of vaccination are affecting the speed with which governments are looking to re-open their economies, with booster programs more sluggish in some countries than in others.

ShareTweetPin

Related Posts

Wall Street downgrades European banks and names stocks to buy ‘in case markets turn sour’

by
March 24, 2023
0

Wall Street is downgrading European banks after stresses in the sector led to the emergency merger of the two largest...

‘Can’t get their act together’: Crypto firms slam SEC, Washington for lack of clarity on rules

by
March 24, 2023
0

Crypto companies are frustrated at the U.S. government for its lack of clear rules for the industry and the Securities...

U.S. contractor killed, five service members and contractor wounded in suicide drone strike in Syria

by
March 24, 2023
0

US forces patrol near the countryside of Rumaylan (Rmeilan) in Syria's northeastern Hasakeh province near the Turkish border, on December...

India’s travel industry may not overtake China soon but there are still ‘massive’ opportunities

by
March 24, 2023
0

Crowd of travelers wait to check-in for their flight at Indira Gandhi International Airport in Delhi, India, on May 31,...

Crypto is banned in China, but Binance employees and volunteers tell people how to bypass the ban

by
March 24, 2023
0

In this article BNB.CM= Follow your favorite stocksCREATE FREE ACCOUNT Binance is the world's biggest cryptocurrency exchange, handling $490 billion...

Next Post

Formula One star Lewis Hamilton invests in rapid grocery delivery start-up Zapp

Dow Jones Futures Rise On Apple After Latest Market Sell-Off; Tesla Plunge Signals End For These Stocks

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

email

Get the daily email about stock.

Please Enter Your Email Address:



By opting in you agree to our Privacy Policy. You also agree to receive emails from us and our affiliates. Remember that you can opt-out any time, we hate spam too!

MOST VIEWED

  • Fund manager believes FAANG is dead — says now it’s all about MANTA

    0 shares
    Share 0 Tweet 0
  • Forget Tesla — this auto stock is the one to buy right now, analyst says

    0 shares
    Share 0 Tweet 0
  • Bank of America names its top global tech stocks — including one it says has upside of 100%

    0 shares
    Share 0 Tweet 0
  • Josh Brown says Nvidia’s potential is ‘scary’ ahead of a potential AI boom

    0 shares
    Share 0 Tweet 0
  • This idiot-proof portfolio has beaten traditional stocks and bonds over 50 years

    0 shares
    Share 0 Tweet 0
  • Home
  • Trade News
  • Email Whitelisting
  • Privacy Policy
All rights reserved by www.magicaltrade.net
No Result
View All Result
  • Email Whitelisting
  • Home
  • Privacy Policy

All rights reserved by www.magicaltrade.net