This archive report was first published on 11 June 2020.
As the European Union's ban on non-essential travel ends on 15th June, the continent is set to reopen its borders from 1st July 2020, albeit gradually and partially.
According to Bloomberg, the move aims to revive domestic economies as the tourist season approaches.
However, Germany is extending its travel restrictions until 31st August 2020 for nations outside Europe and urging its citizens to avoid non-essential travel to the U.K.
Italy, on the other hand, has already reopened its borders to people arriving from European Union member countries, the Schengen Zone, the U.K., and Northern Ireland, as of 3rd June.
The European Commission estimates Italy's economy will shrink by 9.5% this year, with the country's debt rising to over 150% of its Gross Domestic Product (GDP).
