Italy, Spain and Britain imposed curbs to limit the spread of new coronavirus cases that threaten to derail a budding economic recovery. The latest curbs in Ireland will see GDP fall by 3.5% this year, Finance Minister Paschal Donohoe said. Meanwhile, the European Union and Britain struggled to make progress on a trade deal to avoid a fast-approaching disruptive finale to the five-year drama of Britain's departure from the EU.
The European futures point to a bearish start following the sell-off in the U.S. Capitol Hill, COVID-19, and Brexit will remain the key drivers today.
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