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More Slog Than Snapback Is Outlook for Europe’s Virus Recovery

  • Naive to assume we’ll be back to normal, Bruegel’s Wolff says
  • Wary customers are still afraid of catching infection
A pedestrian walks along Calle Mayor past shuttered stores and cafes in Madrid, on May 7.

A pedestrian walks along Calle Mayor past shuttered stores and cafes in Madrid, on May 7.

Photographer: Paul Hanna/Bloomberg
Updated on

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For Javier Vazquez, business as usual will be a faint prospect even when he does get to reopen his two Madrid restaurants shuttered by the coronavirus.