Morgan Stanley: tourist season may be cancelled this year

By: Trademagazin editor Date: 2021. 03. 23. 10:35

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Due to the slow spread of vaccines and the increase in the number of infections, this summer’s tourist season may also be missed in Europe, Morgan Stanley said in an analysis reported by MTI.

If this really happens, it will deal a major blow to the Italian, Spanish, Portuguese and Greek economies. According to the company, this will exacerbate the North-South conflict in the European Union and could lead to further monetary easing. (telex, Előd Fruzsina)