In France, the Omicron variant continues to spread 'like wildfire', leading to a major spike in hospitalizations, and a record number of new cases. As the French government further tightens COVID-19 measures, they are seeking to strike the right balance: no new curfews or lockdowns have been imposed and schools will reopen as planned in early January. According to Ludovic Subran, Chief Economist at Allianz SE, 'The choice to keep schools open, or at least to reopen schools as soon as possible, is a way to avoid a recession.' The focus is on 'business continuity of social services: health and education first', explains Mr. Subran. 'And so the idea is to 'keep the economy afloat'.
#France #Covid #schools

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