By the end of this year, the economy will have already recovered from the corona crisis…

The Belgian economy is recovering much faster from the corona pandemic than feared. “According to our models, we are once again at pre-crisis level in the week between Christmas Day and New Year”, says Pierre Wunsch, the governor of the National Bank of Belgium. That is more than half a year earlier than expected. “All lights are green for the economic recovery. The support wheels can gradually go away.” And we owe that to five factors.

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1. The rapid vaccination – Already more than 8.5 million shots

The fact that the recovery is going so smoothly is in large part due to the vaccines. “We had thought that the solution to the health crisis would only …

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