Omicron: the economy in the euro zone relieved within “a few weeks”

The impact of the Omicron variant should only last "a few weeks" before allowing the recovery in the euro zone to continue, while inflation should recede, said Tuesday a senior official of the European central bank. • Read also: COVID 19: the struggle of foreign workers and students facing a still closed Japan • Read also: United States: Omicron will weigh on growth, but will not derail it, says Janet Yellen "In the short term," the omicron variant "presents some risks (...), but I think it's increasingly clear that it's an impact of a few weeks," said Philip Lane, chief economist at the ECB, in an interview with the Lithuanian weekly Verslo žinios. There is “less concern about Omicron than we had in December,” he adds. Although cases of contamination have ...