With political turmoil in germany and france, europes two largest economies, this latest blow could hardly come at a worse time. Inflation in the euro zone is different to that in the united states, much as ecb president christine lagarde insists, but the bloc will still face many of the same headwinds as. Frankopans insight reveals that pessimism is often a matter of perspective. Life is a mix of triumphs and tragedies, but our perception is filtered through a lens that has grown. Eu leaders may hope that the next u. s.
But if he does, europes ability to deal with the shock will be hampered by. It is a moment that european leaders agree demands renewed and forceful leadership from the continents two largest economies. But france and germany, which are. Today, i explain last nights summit debate over how to pay for the eus busted budget, and our technology correspondent unpacks the arguments over regulating artificial. The headwinds are surmountable, but the continent is giving up on the idea of progress. Experts are warning of potential economic hits,. Europe is beset by economic malaise at a time when it must invest heavily in its future. The region doesnt have to rely on onerous taxes or ballooning debt to fund the growth.
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