The Covid-19 pandemic is increasing economic imbalances in the Eurozone, the Commission will tell the EU's finance ministers on Monday when they gather for their monthly talks, news wires reported. In a note that is to form the basis of their discussions, the Commission said the pandemic impact was especially visible in countries that were already vulnerable before the outbreak because of high debts, according to Reuters.

Some top executives at US pharmaceutical company Novavax have started selling some of their stocks in a bid to capitalize on positive outlook amid on-going trials of the firm’s Covid-19 vaccine, Reuters reported.

No expert can say that the pandemic will be over in March, said Prime Minister Boyko Borissov in response to comments on the voting date. He made a surprise appearance at the regular briefing of the National Operative Staff in order to respond to criticism expressed by President Rumen Radev. The measures we employ are the mildest and most sparing for the people's psychological wellbeing, Borissov stated, praising the Staff, and defining it as the most competent.

Optimism over the launch of the first Covid-19 vaccine has almost faded away as the practical process of administering it met unexpected difficulties. The US was the first to rush mass vaccination plans aimed to halt the pandemic spread. However, those plans were very soon overshadowed.

The Grammy Awards are being postponed until 14 March due to coronavirus-related concerns, the organisers said on Tuesday. “After thoughtful conversations with health experts, our host and artists scheduled to appear, we are rescheduling the 63rd Annual Grammy Awards to be broadcast Sunday, March 14, 2021,” a statement reads.

For children, it's the most wonderful time of the year, when Spaniards turn out to welcome the gift-laden Three Kings. But this year's glittering parades have been torpedoed by the pandemic, AFP reported.

World Health Organization (WHO) Director General Tedros Adhanom Ghebreyesus on Sunday warned that the Covid-19 pandemic will not be the last such crisis, news wires reported. "History tells us that this won't be the last pandemic and epidemics are a fact of life," Tedros said in a video released to mark the first ever International Day of Epidemic Preparedness.

Sweden’s government failed to sufficiently protect the elderly in care homes from COVID-19 and is ultimately responsible for the pandemic’s effects in the country, a stinging official report released on Tuesday, said.

When determining the governance of the EU’s economic recovery, policymakers would do well to remember that the Recovery and Resilience Facility is not designed to stimulate an immediate rebound.

Global carbon dioxide (CO2) emissions caused by burning coal, oil and gas fell by 7% in 2020 compared with 2019, а new research from European scientists shows.