The pandemic has killed over 4 million people in the last 18 months, but the Delta variant has made great strides across the planet, since it is highly contagious. Countries or regions with too low vaccination provision may be quickly forced to introduce further restrictive measures that pose significant risks to their recovery.
The upturn in activity (+6.2% in 2021 and +4.6% in 2022) will be possible as long as vaccination campaigns are intensified on a global scale in order to eliminate the health risks that the variants may generate. After a difficult start due to delivery delays and national vaccination campaigns deemed too slow, the European Commission will finally have succeeded in ensuring that 380 million doses of vaccines (first and/or second doses) are administered in the European Union.
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