Eurozone’s crunch quarter for recovery is starting

Sentiment lifting: Aircraft seen on the tarmac at Berlin Brandenburg Airport. Hope of progress can be seen in improving confidence, with the European Commission’s measure of economic sentiment reaching levels last recorded before the pandemic. — Bloomberg

FRANKFURT: Europe’s stuttering efforts to overcome the coronavirus crisis may finally be about to reach a turning point.

After a troubled start to its vaccination drive, progress on ramping up inoculations in the second quarter will determine whether the eurozone can finally shake off the worst economic turmoil in living memory or languish further behind its peers.