[Sephiroth]

Originally Posted by jfman

I’m quite sure the Med countries don’t exclusively depend on tourism any more than Germany relies solely on car manufacture. Equally, there will be mitigation - internal tourism.

The old days of Northern Europeans spending their strong currencies, with locals desperate to exchange for a million Lira or Pesetas are long gone. The outdated stereotype simply deflects from the fact the British economy is finance and service sectors with the rest of the economy built round it.

With a sizeable proportion working from home the rest of the economy built around this is fatally wounded. Which is why elimination of the virus has and will always be the long term strategy for economic recovery. Everything else is a sticking plaster.

... and it needs to be across the G20 world so that balance is re-established.