holidays abroad could be ‘at risk’ this year due to the coronavirus pandemic, a leading bank has warned. Morgan Stanley has said that there are reasons to be concerned about international trips amid a rising number of cases and a slow vaccine rollout across Europe.Emerging and more transmissible strains of the virus could also result in lockdown measures being imposed for longer on the continent.
Spain is believe to be one of the countries considered to be most ‘vulnerable’ from a lack of tourism this year, according to the banking giant.
A statement from Morgan Stanley said: “Europe’s high cases and slow vaccine drive could lead to a late reopening, putting a second summer at risk - which would exacerbate the north-south divide and could.
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