Donald Trump, Europe and Greenland
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Germany's finance minister called on Wednesday for a new era of "European patriotism" to protect regional economic interests, proposing that companies receiving state aid be required to keep jobs in Europe and that public procurement prioritises Europe-made goods.
In other parts of Europe, Spain's inflation drops to 2.9% in December, meeting estimates The industrial production in Hungary fell by 5.4% Y/Y in November. Retail sales in the Czech Republic rose by 4.6% Y/Y in November. Norway’s industrial confidence advanced to 2.6 in Q4. Norway's trade surplus narrowed to NOK42.9B in December.
Europe is losing ground fast. Since 2000, productivity growth has lagged 30 percent behind the U.S. The same trend holds for venture capital (VC). Over the past decade, the European Union (EU) has averaged just 0.3 percent of GDP in VC funding, less than ...
European shares scored another record close on Tuesday, after benchmarks in Germany and Spain climbed to all-time highs, as positive local economic data distracted investors from heightened international tensions.
Europe is experiencing a geopolitical awakening that will also reshape the continent’s economic landscape. Can the European Union muster the will to change? Previous experience indicates that the answer is yes. In testing times, we must look to our past ...
Europe’s macro outlook is shifting. After years of fiscal restraint and fragmented policy, the region is entering a new chapter - one centered on pro-growth fiscal policy, energy security, and capital-market reform. In this episode, Helen Jewell, Chief ...
That’s after Trump announced new U.S. tariffs on NATO countries that sent troops to Greenland amid his plans to take over the semi-autonomous Danish territory. At face value, a 10% tariff rising to 25% would have minimal economic consequences,