News with the tag "Europe economy"

Europe’s economy is hitting roadblocks, now more than ever. The gap between the economic performances of Europe and the U.S. is widening, exacerbated by the coronavirus pandemic and the ongoing conflict in Ukraine. This situation is pulling Europe’s economic issues to the forefront of global discuss...

Europe is on the verge of making a major move in its monetary policy, but this time, it might just be stepping out too soon, especially before the U.S. does. Christine Lagarde, the president of the European Central Bank (ECB), hinted last month that the ECB might begin slashing rates sooner than the...

Who would’ve thought that Germany, the self-acclaimed tired man of Europe (also the weirdest economy right now), is shaping up to be the unlikely hero in what can only be described as a nail-biter for the continent’s economy? Just when you thought the script couldn’t get any more dramatic, here come...

Europe is standing on a shaky ground, and I can see the European Central Bank (ECB) is holding a hammer, but I’m not sure if it’s to fix or further crack the foundation. So central banks had their eyes popped wide open by an unexpected energy showdown led by Vladimir Putin, among other pressures tha...

Over the years, oil has been one of the major cornerstones of the European economy. However, with the changing times fueled by digital innovations, artificial intelligence could soon begin to contribute significantly to Europe’s economy, following the growth trajectory of the AI market in the contin...

The European Central Bank is changing its game plan. After a decade of pumping money into the system like there’s no tomorrow, they’re taking a sharp turn. The ECB’s new strategy is all about lending more to those big-shot commercial banks while saying goodbye to majority of its huge bond portfolio....

Europe has always had a complicated relationship with the American economic model. While the vast ocean between them may as well be a mirror reflecting their contrasts in wealth and social systems, there’s an undeniable yearning within the European Union to match the financial prowess of the United ...

In a recent opinion piece for The New York Times, Nobel laureate economist Paul Krugman offers a compelling counter-narrative to the conservative portrayal of Europe as a cautionary tale for the United States. Through his characteristic blend of wit and wisdom, Krugman challenges the assertions made...

The European Central Bank (ECB) is holding the reins tight on its key interest rate, maintaining it at a record high of 4%, signaling a strategic move as Europe witnesses a slow yet steady journey towards disinflation. The Frankfurt-based financial powerhouse stands firm in its resolve, echoing a ma...

The European banking sector, often overshadowed by its flashy American counterpart, stands at a crossroads. As we delve into the prospects of a European banking comeback, it’s clear that this isn’t just a financial story – it’s a tale of resilience, strategy, and perhaps a bit of good old-fashioned ...