Eurozone and Japan
Eurozone Japan: Paths diverge
The Eurozone has witnessed a turnaround in recent months, predominantly led by the improvement in the pandemic situation. Caseloads have peaked in most member countries, especially the Core-4, containing fatality and hospitalisation rates. Restrictions are easing but gradually, for instance, Germany has allowed few contact-intensive services to reopen, whilst some parts of the continent are open for cross-border travel. New and vaccine resistant variants are, however, a risk, which has seen authorities exercise considerable caution in the reopening process.