Europe’s economy is starting to follow the familiar script of lagging its international peers when recovering from a crisis. That was the upshot of the International Monetary Fund’s forecasts on Tuesday, which downgraded the growth outlook for 2021 across Europe and underscored a generally poorer performance compared with China and the U.S. Such diverging fortunes reflect the stringency of lockdowns across the euro zone to contain the coronavirus, as well as a late and stumbling vaccination campaign -- headwinds that threaten to deepen what already looks likely to be a double-dip recession. Political unease over the ... (full story)