Austria’s lockdown is looking infectious

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LONDON, Nov 19 (Reuters Breakingviews) – Austria’s lockdown might unfold as rapidly as Covid-19. On Friday, Chancellor Alexander Schallenberg introduced a nationwide lockdown starting on Monday and launched Europe’s first vaccine mandate. Austria and its neighbours had been hoping {that a} focused lockdown for vaccine holdouts may avert blanket restrictions, nonetheless hovering an infection charges have already stretched intensive care amenities to the brink.

Investors are getting ready for additional restrictions. On Friday, shares in on-line meals supply firm HelloFresh (HFGG.DE) had been up 6.5% and Just Eat’s (TKWY.AS) inventory was up 6%. Austria is a minor marketplace for each firms. European airline shares additionally counsel the ache will unfold all through the continent. British Airways proprietor International Airlines Group’s (ICAG.L) inventory was down 6% and easyJet (EZJ.L) took an identical hit. German leaders are discussing lockdown choices in the present day. But with vaccine holdouts refusing to budge and hospitals filling up, blanket restrictions look inevitable. (By Aimee Donnellan)

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Editing by George Hay and Oliver Taslic

Reuters Breakingviews is the world’s main supply of agenda-setting monetary perception. As the Reuters model for monetary commentary, we dissect the large enterprise and financial tales as they break around the globe day by day. A world crew of about 30 correspondents in New York, London, Hong Kong and different main cities gives professional evaluation in actual time.

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Police officers check the vaccination status of shoppers in Vienna, Austria, November 16, 2021. REUTERS/Lisi Niesner

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