The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.

Less Ads, More Data, More Tools Register for FREE

EU may be set to allow US tourists to travel by summer

Mon, 26th Apr 2021 09:07

(Sharecast News) - The European Union is moving closer to opening the bloc to US tourists, the bloc's highest-ranking official said.




In an interview with the New York Times, the head of the European Commission said that "all 27 member states will accept, unconditionally, all those who are vaccinated with vaccines that are approved by [European Medicines Agency]."

Ursula von der Leyen did not provide an exact timeline for any changes, but her remarks were the first by such a high-ranking official that a change was afoot based on vaccination certificates.

Von der Leyen put the changes of tack down to the fast pace of vaccination in the US and talks over how to make inoculation certificates a valid proof of immunity for non-essential travellers.

She also described the US vaccination programme has "on track", going on to explain that it had made "huge progress" towards reaching so-called 'herd immunity'.

Talks aimed at reopening travel between both shores of the Atlantic had reportedly been ongoing for several weeks.

Similar arrangements for restoring cross-border travel within the EU's 27 member countries, although individual member states may reserve the right to impose their own limitations on would be tourists, the NY Times reported.

Reopening trans-Atlantic travel would potentially constitute a major move back towards a degree of normality, particularly for the sector that had been hardest-hit by the pandemic, travel and leisure.

The EMA had already approved for use the vaccine shots developed by Pfizer/BioNTech, Moderna and Johnson&Johnson.

Greece had already opened its borders to travellers from the US who could provide a proof of vaccination or negative coronavirus test.

As of 0932 BST, shares of British Airways owner, IAG, were trading up 3.92% to 204.45p, alongside a 3.51% gain for EasyJet shares.

-- More to follow --

Related Shares

More News
16 May 2024 06:00

How easyJet's bet on holidays paid off

LONDON, May 16 (Reuters) - EasyJet's big bets on package holidays and better-located airports are helping it win customers, its CEO and investors sa...

14 May 2024 06:27

UK ministers, companies visit Saudi Arabia to boost trade ties

(Alliance News) - UK Cabinet ministers are visiting Saudi Arabia in a bid to bolster trade links with the kingdom amid reports that Riyadh authorised ...

13 May 2024 15:36

London close: Stocks take a breather after last week's surge

(Sharecast News) - London's stock markets ended the day in negative territory on Monday, with investors taking a breather following a six-day winning ...

13 May 2024 12:01

LONDON MARKET MIDDAY: Stocks flat as IPO chat brightens up subdued day

(Alliance News) - Stocks in London marked time on Monday, consolidating recent gains, ahead of a key week of US economic data.

13 May 2024 09:03

JPMorgan sees further upside at IAG despite recent rally

(Sharecast News) - British Airways owner IAG's stock was making gains on Monday following positive comments from JPMorgan, which said that earnings mo...

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.