Crunch time fast approaching for eurozone's Covid recovery shot

ECB president Christine Lagarde has admitted the EU's vaccination programme has not lived up to expectations.

Europe’s stuttering efforts to overcome the Covid 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.