The head of the Eurocentrobank called for universal vaccination to protect against the virus.

The eurozone is better prepared for the economic consequences of a new wave of COVID-19 or the arrival of the Omicron strain, said the head of the European Central Bank, Christine Lagarde.

Several European countries have introduced restrictive measures in connection with the new increase in the incidence of COVID-19. A new variant of the coronavirus “Omicron” was detected in South Africa on Friday and quickly spread across Europe.

“There is obvious concern about the [eurozone] recovery in 2022, but I think we have learned a lot. Now we know our enemy and what measures need to be taken. We are all better prepared to respond to the risk of the fifth wave or the Omicron strain,” Lagarde said.

“The crisis has shown us that this virus knows no borders. Therefore, we will not be protected until everyone is vaccinated,” she added.