Atlantic Council: Europe’s new industrial plans walking a risky line
Washington-based think tank says Europe’s industrial sector faces ‘formidable challenges’
GDP
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ING stakes case on fiscal stimulus in Germany
There are few signs of optimism across the continent, according to ING economists
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European Parliament throws weight behind Draghi report
Future of European Competitiveness report was put forward by Mario Draghi last week
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Draghi sounds warning klaxons over continent
ECB president calls for closer ties to tackle ‘existential threat’ to EU
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McKinsey Global Institute: Europe’s investment pulse ‘too low’
Net investment has remained low since the global financial crisis
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Germany’s current economic course unsustainable, says finance minister
The German government has predicted the country will see just 0.2% growth in 2024 – a development the finance minister has described as “dramatically bad”. Speaking in Leipzig, finance minister Robert Habeck – tipped by many as Germany’s next Chancellor – warned the nation could not continue as it had, indicating drastic action may be…
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German economy expected to perform worse than predicted – IWH
The Halle Institute for Economic Research (IWH) has predicted Germany’s GDP will fall by 0.6 percentage points over 2023, a sharp revision to previous predictions. One of the most-prominent economic organisations on the continent, the IWH has called its new forecast a “strong downward revision” of 0.9 percentage points. It cited a slower recovery in…
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Data highlights economic green shoots in Europe
Inflation on the continent may be starting to slow after months above 10%, according to the latest figures. Inflation in the European area fell to 7% in April, down from 10.1% in November. Quoting statistics from Eurostat, however, French newspaper Le Monde warned that food prices – the sentiment barometer of most consumers – remain…
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UK GDP growth forecast revised down
‘Significant headwinds and rising costs of living threaten the recovery and economic success’
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Germany teeters on brink of recession
As trade tensions hammer country’s industrial sector, investors hope consumer demand will help support growth
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Chinese equity investors take stock of weak data
Beijing lowered its growth targets last week as exports recorded their sharpest year-on-year decline in three years
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China GDP growth surprises on the upside
China pulled out better than anticipated growth over the second quarter, leading analysts to speculate it could have greater momentum moving forward.