here," he said, adding: "This is really a big issue, because this is going to make or break the GDP recovery of 2021 for Europe. Check this page for latest breaking German news headlines, analysis, special reports from major urban centres including Berlin, Hamburg, Munich. the problem is we're vaccinating four times slower than the U.K. This is a collection page for Germany news. "Our forecasts show that Europe will only go back to pre-crisis (growth) levels by 2022, and then we saw the vaccination chaos and we started to think 'OK, are we really jeopardizing the recovery here'. "I'm getting a bit nervous, and we're only in February, that we're missing the boat here, that the vaccination is the best investment there is and we should put all our forces (efforts) there," he told CNBC's " Street Signs Europe." ![]() Ludovic Subran, chief economist at Allianz, told CNBC on Wednesday that the slow vaccination rollout could really damage the wider EU's growth prospects in 2021. Coronavirus in Germany: Current information on the spread of the lung disease in Germany. Germany's economy contracted by 5% in 2020, according to full-year GDP (gross domestic product) data released in January. The longer vaccination rollouts take, the more prolonged the economic damage of lockdowns are expected to be. to order vaccines from key drugmakers and has faced supply shortages. The slow rollout of coronavirus vaccines in Germany, as well as the rest of the EU, is a bugbear for the German government, which is a key pillar in the bloc. Personal Loans for 670 Credit Score or Lower ![]() Personal Loans for 580 Credit Score or Lower Best Debt Consolidation Loans for Bad Credit
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