Europe took dramatic steps to contain the coronavirus pandemic. Its shutdowns were so tight that the eurozone economy has fallen into a recession even deeper than ours.
But guess what. Despite occasional spikes, Europe has beaten the virus down to size. With a public reassured that it could return to the beaches, bars and restaurants in relative safety, it reopened. That's why Europe "is having a much bigger snapback" than the U.S., Berenberg Bank economist Holger Schmieding told The Wall Street Journal, "and there are some indicators that it may be getting ahead."