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Britain’s priority: Overcoming European growth lag

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Britain’s priority: Overcoming European growth lag

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OMFIF – Tuesday 5 January 2021

Britain’s priority: overcoming European growth lag. Diversions and disruption ahead on EU journey

By David Marsh in Berlin

UK GDP growth was outperforming the euro area’s anaemic outturn until the Brexit referendum. Now that the European Union and the UK have sealed a post-Brexit trade deal, rebuilding economic dynamism via growth policies and deregulation after a disproportionately severe Covid hit will be easier said than done. If UK efforts succeed, it may provide the EU with useful competition.

Read the full commentary on the website.

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