by Constantin Gurdgiev, TrueEconomics.Blogspot.in
Here is the latest data summary for COVID19 for the EU27 and for all of Europe.
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As the charts clearly show,
- Europe experienced significant declines in new cases and deaths in recent weeks, in part due to improved rates of vaccinations.
- The third wave is now clearly behind us in both the EU27 and Europe, although European cases are remaining at much higher levels than those in the EU27. A similar pattern is evident in deaths.
- In terms of Covid19 mortality (deaths per 1,000 cases) the rate of mortality has been effectively flat since week 45 of 2020 and is currently running at around 22 deaths per 1,000 cases in the EU27 and Europe.
While these figures show the effectiveness of vaccinations and past lockdown measures, they also present evidence for the need of more robust international efforts in sharing vaccines with countries with lower incomes. Until similar declines are evidenced globally, it is hard to make an argument that any specific region (be it Europe or North America) can be immune from the risks of the pandemic contagion from other countries. More on this risk here: Stay Alert: The Global Pandemic Roars On.
This article appeared on True Economics 20 June 2021.
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