Painful repercussions for the European economy with the return of the...

  France is considering imposing new lockdown measures from Thursday (AFP)

Renewed concerns about Economic implications To tighten restrictions against the second wave of The new corona virus On the European continent.
And the number is increasing European countries Which decided to re-impose a total or partial closure after the increased rate of infections, which raised fears of health repercussions similar to the first wave, in light of the lack of a vaccine to prevent the virus yet.
The number of infections in the entire European continent exceeded 8.2 million, while more than 258 thousand people died from the virus, including about 10003 in Germany, which is affected by the second wave of the epidemic directly after it remained relatively immune to the virus.

European restrictions
Germany is heading today, Wednesday, to impose a partial lockdown, similar to other countries that preceded it, such as Italy, which imposed curfews on entire regions and ordered partial closures of shops and restaurants, while Spain and France declared a state of emergency, and the latter banned about two-thirds of the population from roaming at night.

The BFM television reported that the French government is considering imposing new lockdown measures nationwide as of midnight Thursday, and the office of French President Emmanuel Macron said that he would deliver a speech on television later this evening.
Czechia also announced the imposition of a daily curfew starting today, Wednesday, from nine o’clock in the evening until 04.59 am, in a measure that will continue until the third of next November.
Yesterday, Tuesday, the Swedish health authorities called on the population in the south of the country to reduce mixing and avoid public transportation and closed places. Poland as a whole is classified as a “red zone”, after this classification was until now limited to major cities and their surroundings.
In Slovakia, a night curfew began from last Saturday until early November. In Belgium, the Brussels authorities announced the introduction of the curfew imposed in the country until 22:00, and ordered the closure of shops at 20:00 GMT, and banned cultural and sporting activities from Monday.
In Britain, Wales imposed a home quarantine on all its residents from midnight Friday to the ninth of November.
For its part, Ireland has re-imposed home quarantine on all its citizens for six weeks since midnight on Wednesday, including the closure of all non-essential stores. Denmark announced the tightening of restrictions on gatherings and the extension of the obligation to wear masks from Monday.

Close in Germany
A draft decision showed that German Chancellor Angela Merkel wants to obtain the approval of state government heads today, Wednesday, to close all restaurants and bars, starting from November 4, in an attempt to curb the spread of the Corona virus, while keeping schools and kindergartens open.
It is clear from the draft, published by Reuters today, that if the heads of government of the sixteen states approve the draft during a conference call held later on Wednesday, gyms, discos, movie theaters, theaters, operas and concert halls will be closed.

Stores will be allowed to continue opening their doors, provided that health measures are followed and the number of customers is limited, while restaurants will only be allowed to offer meals to be eaten outside.
Curfew in France
With health restrictions likely to tighten in France, where a night curfew has already begun for two-thirds of the population, President Emmanuel Macron chaired the Defense Council on Tuesday, while his Prime Minister Jean Castex is holding consultations on “possible tightening measures.”

French Interior Minister Gerald Darmanan warned, “Difficult decisions must be expected.”
And after the curfew imposed in France from 21:00 to 6:00 mainly covers 20 million people, it was expanded from Saturday to 46 million people for six weeks, while the number of new Coronavirus infections in this country exceeded one million cases, amid a warning The authorities from a second wave “worse than the first.”
“This bothers me. Especially as it will not affect the epidemic,” said Ann Dobelman, a 22-year-old student, sitting on the sidewalk of a restaurant in Strasbourg (east) among patrons enjoying “the last moments of freedom” before the curfew: “This bothers me. Especially since it will not affect the epidemic. The virus does not start to spread.” At nine o’clock”.
And infectious disease specialist Gil Biallo considered that the spread of the virus “got out of control”, calling for “re-closure in the country.”
Fury in Italy
The new wave of measures to curb the outbreak of the Corona virus in Italy collides with the anger of a large section of the population, as thousands of people demonstrated on Monday evening in several Italian cities.
Violent incidents occurred, especially in Milan and Turin, the two large cities in the north of the country, where riot police were deployed and responded to demonstrators with tear gas.
Some no longer believe in the usefulness of the measures. In the coastal city of Pesaro near San Maran (east), police raided a restaurant whose owner invited 90 people to dinner, to express his refusal to close at six o’clock, and said: “You can stop me, I will never close.”
“The fuse of the protests erupted three days ago in Piazza Plepicetto in Naples, and it has already succeeded in spreading fire throughout Italy, from Turin to Milan, Trieste, Lecce, Viareggio, Pescara, Catania and Cremona. Italy in revolution,” La Repubblica newspaper reported on Tuesday.
In recent days, the government imposed a curfew in several large areas, in addition to closing bars and restaurants at 6:00 pm, closing sports halls and cinemas, and banning concerts.
Last Sunday, Italy ordered bars and restaurants to close at 6:00 pm, and public fitness halls and cinemas to close.
Economic implications
The new wave of closures has raised concerns among companies and investors, and the focus will shift to the European Central Bank meeting on Thursday in order to derive indications on some monetary stimulus for the euro area.
“It is widely expected that the ECB will not act until the next meeting,” Wayne Thien, global director of strategy at Brown Brothers Harriman, told Reuters. To admit that expectations have deteriorated from now. ”

Today, Wednesday, European shares reached their lowest levels since mid-June, following a report that France was considering implementing general isolation measures nationwide for a month to combat a rise in coronavirus infections.
The pan-European STOXX 600 index fell 1.6 percent by 08.08 GMT, while the German DAX index tumbled 2.2 percent, the British “Financial Times 100” index fell 1.5 percent, and the French CAC 40 index fell 2.5 percent. The auto, banking and insurance industries, which are hard hit by the economy, led the early declines, dropping between 2.5 and 3 percent.

The dollar rose against the euro due to the possibility of imposing general isolation measures, including the rest of the country in France, and the euro fell 0.4 percent to $ 1.1753.

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