Although the new Covid-19 case was reported in almost every country in the world, Europe once again became a center of pandemic. With more than 400,000 new cases every day, the European region of the World Health Organization (WHO) now accounts for about 70 percent of new global infections. In accordance with WHO, most countries in the European region will be under high or extreme pressure until March 2022. Omicron cases, a new variant of concern, has also been reported in Belgium, Czech Republic, Denmark, Germany, Italy, the Netherlands and English.

This is separated from the fact that many Western European countries have one of the highest level of vaccination in the world. Although rates vary between countries, 66 percent of the total population of the European Union, and 77 percent of the adult population, fully vaccinated. In the UK, 23 percent of people have even third doses.

Apart from the increasing use of booster shots, many European countries, including Austria, Slovakia, and the Czech Republic, have announced more stringent sidewalks including locking. Austria has also declared mandatory vaccination. Switzerland is doing a referendum to decide on restrictions. The European Commission has proposed its member countries to activate ’emergency brakes’ on the journey of affected African countries.

The establishment of the social democrat government is supported by green and free democrats in the fourth largest economy in the world, Germany, can have an improved market. With around 50,000 new infections every day, the first thing that might have to be decided by the government of three parties is a new restriction. Imposing these sidewalks is difficult because citizens in many countries demonstrated to the possibility of new restrictions.

The European Covid-19 surge, and the discovery of the Omicron case has begun to affect fragile global recovery. New travel trips, and afraid of new restrictions have begun to have an impact on the global market, and oil prices. Travel and shopping for Christmas in Europe, and elsewhere will likely be affected.

Before a new surge, the prospect of growth for the most developed economy, and the developing country market looked strong. In sustainable global economic recovery, Europe is expected to play an important role. Despite facing many challenges, the EU is still one of the world’s main economies. As one of the largest traders and investors, the EU is highly integrated in the global economy. The productivity level is still quite high. It has a large capacity, and linkages to influence the core institution of global economic governance. The EU has also become the largest donor development development, and leading players in the global development architecture.

The European surge, and the discovery of a new variant has occurred when the EU economy rebounds faster than expected. Economy is expected to grow at 5 percent by 2021, and 4.3 percent in 2022. The impact of the pandemic in the economy weakened. In the third quarter of 2021, the output and work returned to the pre-pandemic level (2019 Q4).

In fact, a surge in demand in the EU, and other major economies have been such that most economies face serious supply disorders. The main concern is a surge in energy prices, raw material supplies, and microprocessors rather than vaccines, and consumer demand.

Economic sentiment in the European Commission’s business and consumer survey is optimistic, and suggest a decrease in uncertainty. Now this momentum of recovery to expansion is likely to be influenced by the deteriorating epidemiological situation in Europe, and elsewhere.