Αssociated Press reports from Nicosia that there can be no real economic recovery in Europe unless governments “completely suppress” the coronavirus, a prominent U.S. economist said on Friday.
Jeffrey Sachs said Europe needs to articulate a continent-wide strategy — instead of individual countries adopting their own solutions — to suppress COVID-19 and get travel safely started again.
“Cyprus needs tourism, Greece needs tourism, Italy needs tourism, how is this going to happen if the epidemic is continuing?” he noted from the U.S. during an online conference on sustainable development, hosted in Cyprus.
He said the post-COVID-19 recovery strategy must take into consideration that many economies are undergoing “permanent structural change” and many activities “won’t return the way they were before.”
Read the full report at thenationalherald.com
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