Sign in Subscribe

Europe Economy: Latest News and Analysis

eurostat
GDP up by 0.4% and employment up by 0.2% in the euro area
In the third quarter of 2024, seasonally adjusted GDP increased by 0.4% in the euro area and by 0.3% the EU, compared with the previous quarter, according to a flash estimate published by Eurostat, the statistical office of the European Union. In the second quarter of 2024, GDP had grown by 0.2% in ...
Bloomberg
El-Erian Says Europe’s ‘Ugly’ Economy May Keep Its Currency Weak
A growing economic gap between the US and Europe threatens to further weigh on the common currency and European debt, according to Mohamed El-Erian.
Bloomberg
Germany’s Government Shakeup Puts Key Climate Laws in Limbo
Germany’s government shakeup means eight pieces of legislation considered crucial for the energy transition are stuck in limbo until a new administration is formed next year, with the possibility they ...
Bloomberg
El-Erian Says Europe’s ‘Ugly’ Economy Risks Driving Euro Lower
A growing economic gap between the US and Europe threatens to further weigh on the common currency and European debt, according to Mohamed El-Erian. Most Read from BloombergUnder Trump, Prepare for ...
Bloomberg
Macron Warns Europe Is Hurtling Toward Tariff War With US, China
Emmanuel Macron warned that Europe risks getting divided by Donald Trump’s economic policy and being thrown into a simultaneous trade war with Washington and Beijing.
Financial Times
Europe’s growth prospects hit by fiscal restraint
While Eurozone member states have already cut back on spending more than the UK, US and China, the region’s debt-to-GDP ratio is up from 83.6 per cent in 2019 to 88.7 per cent at the beginning of 2024 ...
Reuters
Borderless Europe fights brain drain as talent heads north
Talent flight to wealthier countries of the north is a problem for southern and central Europe, as workers take advantage of freedom of movement rules within the trade bloc.
The Economist
China, Europe, Mexico: the biggest losers from Trumponomics
“If they abandon climate rules and we continue our course, we are going to be fully knocked out in manufacturing,” says Luis Garicano, a former member of the European Parliament now at the London ...
Politico Europe
Europe’s right wing shows Trump how to do climate, MAGA-style
In Europe as elsewhere, right-wing populism correlates with weaker climate measures. But governments from Italy to Turkey have found arguments in favor of global cooperation to curb the rise in ...
The Economist
Elon Musk threatens to deepen the rift between Europe and America
No brawl has been quite so public in recent times as that pitting Elon Musk against politicians in Europe, often unfolding on X (or Twitter, as the social network was known until he bought it two ...
Wall Street Journal
French Baby Bust Adds to Concerns Over Europe’s Graying Population
Fewer French babies were born last year than at any time since the Second World War, highlighting the economic risk to a rapidly aging Europe.
Newsweek
Will Trump Abandon Ukraine? It Would Force Europe to Grow Up Fast | Opinion
Few countries are more worried about President-Elect Donald Trump than Ukraine, whose determined stand against Russian aggression would collapse without outside aid.
Bloomberg
Bank of France Predicts Zero Growth in Final Months of Year
The Bank of France expects the economy to stagnate in the fourth quarter after growth was boosted by the Paris Olympics in the previous three months and as the political situation continues to add to ...
Reuters
ECB's Villeroy: Trump's economic agenda risks global economy, return of inflation
PARIS, Nov 13 (Reuters) - U.S. President-elect Donald Trump's economic agenda risks returning inflation to the United States and hurting economic growth worldwide, Bank of France head and European ...
U.S. News & World Report
German Government Collapse Could Have Silver Lining for Europe's Markets
German stocks outperformed European peers on news that the government collapsed last Wednesday, another sign of a more positive mood taking hold - just hours after Donald Trump's U.S. election win ...
Reuters
German Council of Economic Experts cuts forecasts for 2024 and 2025
Germany will lag behind peers also next year Decline in industry to blame for economic downturn Uncertainty is a downside risk BERLIN, Nov 13 (Reuters) - Germany will continue to lag well behind other ...
Reuters
German Council of Economic Experts Cuts Forecasts for 2024 and 2025
The council, an academic body that advises the German government on economic policy, cut its 2025 growth forecast to 0.4%, down from 0.9% growth in its spring forecasts. The economic experts also ...
The New York Times
Europe Braces for Trump: ‘Worst Economic Nightmare Has Come True’
The United States is the biggest trading partner for the European Union and Britain, whose economies could be at risk from the president-elect’s policies.
Reuters
Facing economic challenges, Germany heads for February snap election
Germany is set to hold fresh elections on February 23, eleven weeks after the collapse of Chancellor Olaf Scholz's governing coalition, with sources on Tuesday saying the Social Democrats, Greens and ...
Associated Press
Blinken is heading to Europe for urgent talks on Ukraine after Trump’s election
Secretary of State Antony Blinken is heading to Europe for urgent meetings on Ukraine with NATO and European Union officials following last week’s U.S. presidential election and the return of Donald ...
Associated Press
European fake art network involving Banksys, Warhols, Modiglianis uncovered in Italy
Italian authorities say they have dismantled a network of European art forgers who made fake Warhols, Banksys and Picassos and then tried to sell them with the help of complicit auction houses.
U.S. News & World Report
Analysis-German Government Collapse Could Have Silver Lining for Europe's Markets
German stocks outperformed European peers on news that the government collapsed last Wednesday, another sign of a more positive mood taking hold - just hours after Donald Trump's U.S. election win ...
Business Insider
Europe faces a 'full-blown recession' under Trump's tariffs, big bank says
Trump has pledged to launch fresh tariffs on imports into the US during his second term, which would likely hurt European economies.
CNBC
How Europe could try to stop — or get around — damaging Trump tariffs
Donald Trump's U.S. election win has left Europe scrabbling to work out how it will be able to contain — or counter — probable tariffs on its exports to the U.S.
Business Insider
Europe faces a 'full-blown recession' under Trump's tariffs, a major Dutch bank is warning
Trump has pledged to launch fresh tariffs on imports into the US during his second term, which would likely hurt European economies.
Reuters
UK's Starmer to meet Macron in France to discuss Ukraine support after Trump win
British Prime Minister Keir Starmer will meet French President Emmanuel Macron on Monday to discuss ways to help Ukraine, after the election of Donald Trump has raised concerns of reduced U.S. support ...
U.S. News & World Report
European Shares Log Third Week of Declines on China, Tariff Jitters
(Reuters) -Europe's benchmark STOXX 600 logged its third consecutive week of declines on Friday, hurt by underwhelming stimulus measures from China as well as concerns about tariffs under a Trump ...
The New York Times
Missing in Europe: A Strong Leader for a New Trump Era
Internal political squabbles — and the fallout from a global backlash to inflation, immigration and ruling elites — are hobbling Germany and France.
Global Macro Playbook
Turkey Raises Inflation Forecasts, Aligning With Market Expectations

Turkey's central bank has revised its inflation forecasts for 2024 and 2025 upwards, bringing them closer to market expectations, reports Bloomberg. This move follows two consecutive months of price gains exceeding initial estimates.

Officials now project inflation to reach 44% at the end of this year and 21%

Wall Street Journal
Europe’s Economy Faces Sink-or-Swim Moment as Trump Returns
Wall Street’s verdict is clear: A second Trump presidency is likely to deliver a blow to an export-dependent European Union that is struggling with sclerotic economic growth and ever-multiplying ...
MarketWatch
Goldman Sachs cuts European growth and earnings forecasts as Trump tariffs loom
The Trump regime will hit European economic growth and reduce company earnings, though the continent’s defense sector may prosper. That’s according to a team of Goldman Sachs strategists led by ...
Wall Street Journal
German Political Crisis Leaves Europe Rudderless Ahead of Trump’s Return
With both France and Germany led by minority governments, the continent’s key powers are likely to be consumed by domestic politics as challenges pile up.
Bloomberg
Polish Rate-Setter Sees Trump Win as Argument Against Tight Monetary Policy in Europe
Donald Trump’s return to the White House is an “argument against restrictive monetary policy in Europe” as his America First agenda may harm economic growth on the old continent, Polish policymaker ...
CNN
Economic upheaval and political opportunity – what Trump’s return could mean for China
“Despite fears of a renewed trade war, Beijing believes that Trump’s tough tariff policies would be deeply unpopular in Europe, creating an opening for China to strengthen economic ties with Europe ...
Associated Press
Germany’s economy is in trouble. The government’s collapse and Trump’s return bring more risk
The collapse of Germany’s governing coalition and President-elect Donald Trump’s imminent return to the White House are creating new risks for the European Union's biggest economy.
The Economist
The best films of 2024, as chosen by The Economist
“All of Us Strangers” In the year’s most tender and intimate film, a lonely screenwriter (Andrew Scott) visits his childhood home and meets the ghosts of his parents (Claire Foy and Jamie Bell). They ...
Markets Insider
Trump's presidency will hurt Europe's economic growth amid renewed trade tensions, Goldman Sachs says
Europe could face a 0.5% hit to GDP in a second Trump presidency amid increased trade policy uncertainty and more defense spending, Goldman Sachs says.
Reuters
Analysis-For Europe's markets, Trump's return spells euro pain but bond gains
By Yoruk Bahceli and Lucy Raitano LONDON (Reuters) -Investors are bracing for further economic pain in Europe that could deepen euro losses and hurt its stocks, as a second Donald Trump presidency ...
Reuters
For Europe's markets, Trump's return spells euro pain but bond gains
Investors are bracing for further economic pain in Europe that could deepen euro losses and hurt its stocks, as a second Donald Trump presidency raises the prospects of hefty tariffs.
CNN
Goldman Sachs slashes growth forecasts for Germany, UK and wider Europe on Trump win
President-elect Donald Trump’s proposed protectionist policies, including hefty tariffs, will hurt Europe’s economic standing — leaving crisis-hit Germany particularly vulnerable, Goldman Sachs ...
Reuters
Hungary's Orban gears up to be Europe's 'Trump whisperer'
"The Trump 2.0 era could bring serious headaches for European industry," Peter Virovacz, an economist at ING said after dismal Hungarian output data on Wednesday. Sign up here. Krisztina Than is Chief ...
Associated Press
50 European leaders assess how Trump will affect their fortunes. German crisis adds to challenges
Around 50 European leaders will be reassessing their trans-Atlantic relations in the hope that Donald Trump's second U.S. presidency will avoid the strife and political pitfalls of his first administr ...
Reuters
German coalition holds crisis talks in bid to stave off collapse
The three parties that have governed Germany in an increasingly fractious coalition for the past three years met on Wednesday evening for a last-ditch bid to agree a new economic consensus that could avert a collapse of the government.
The Economist
Europe needs to wake up and look after itself
Mr Trump’s triumph means that those days in Europe are over. Few places will be worse affected by the return to the White House of the 45th president. He will have no patience for Europe’s trade ...
The Economist
Big Macs, strawberry jam and the wealth of nations
W HEN CHINA entered the Korean war in 1950, America was keen to take the measure of its new adversary. The government asked William Hollister to estimate the size of its GDP, relative to America’s own ...
Associated Press
50 European Leaders Assess How Trump Will Affect Their Fortunes
Further compounding an already complicated situation, Germany — Europe's troubled economic juggernaut — sank into political crisis after German Chancellor Olaf Scholz fired his finance minister. It ...
Reuters
Europe urges Trump to support Ukraine, avoid trade wars
Donald Trump's return to power and the collapse of Germany's ruling coalition will be major talking points at a meeting of nearly 50 European leaders and an EU summit in Budapest on Thursday and ...
Reuters
France's RTE signs billion euro cable supply agreement with European manufacturers
France's electricity transmission system operator RTE on Tuesday announced a billion euro ($1.09 billion) contract with European suppliers, including fibre-optic cables maker Nexans , to support its ...
CNBC
Europe praises Trump's victory amid wider fears of an impending economic nightmare
European leaders are congratulating Donald Trump for his reelection, while sources add the outcome is not as shocking as when he clinched victory in 2016.