Richard Daniell, head of commercial at Teva Europe explores the steps needed for sustainable growth in Europe following the Covid-19 pandemic.
Post pandemic
Despite the arrival of vaccines, a turning of the tide in Covid-19 cases, and the recent trade deal between the United Kingdom and the EU, we’re facing down the barrel of another annus horribilis, as the continent grapples with further lockdowns, a collapse in consumer spending and addressing the threat of soaring unemployment.
As governments seek to reignite eurozone economies with huge injections of cash, battles are likely to emerge as to whether the economic recovery should also achieve other goals, particularly around cutting climate change and shoring up European supply chains – so that we can be better prepared to weather potential future storms.