US EditionEurope’s economy needs help. Political chaos in France and Germany means it may be slower in coming
- Michel Barnier resigned as French Prime Minister after losing a vote of confidence, leaving the government without a majority.
- Germany's coalition fractured, leading to an early election on February 23, as reported by the Deutsche Welle.
- The European Commission projects 0.8% economic growth for this year and 1.3% for next year in the 20 EU member countries using the euro.
97 Articles
97 Articles
The Crisis that Germany Needs | by Barry Eichengreen - Project Syndicate
There is a profound mismatch between Germany’s current economy and its institutional inheritance from the postwar period. If the current crisis prompts a wholesale rethink of that inheritance, the logjam blocking necessary reforms could finally be broken.
Political Turmoil in France Could Worsen Europe’s Energy Problems
Europe’s natural gas and power prices are rallying again as the proper heating season begins, adding to concerns that a new energy crisis is brewing. The political turmoil in the top European electricity exporter and second-largest economy, France, certainly is not helping. A prolonged government crisis after the ousting of Prime Minister Michel Barnier last week could result in reduced electricity exports from France to its interconnected marke…
Why France and Germany’s political chaos spells trouble for Europe’s economy
Even before the French and German governments collapsed, Europe’s economy had enough difficulties. Tepid growth and lagging competitiveness versus the U.S. and China. An auto industry that’s struggling. Where to find billions for defense against Russia? And now Donald Trump threatening tariffs.Solutions will be harder to find while the two countries that make up almost half of the eurozone economy remain stuck in political paralysis well into 20…
Europe’s Economy Needs Help But Political Chaos In France And Germany Means It May Be Delayed
Even before the French and German governments collapsed, Europe’s economy had enough difficulties. Tepid growth and lagging competitiveness versus the U.S. and China. An auto industry that’s struggling. Where to find billions for defense against Russia? And now Donald Trump threatening tariffs. Solutions will be harder to find while the two countries that make up almost half of the eurozone economy remain stuck in political paralysis well into 2…
Europe Needs US to Project Strength to Putin, Czech Premier Says
(Bloomberg) — Europe will need the US to project strength to halt more aggressive moves from Russia, the Czech Republic’s prime minister said, as he warned allies against “appeasement” in any process to end the war on Ukraine.
It all started with a terrible state of public accounts and a budget law to restore them.
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