European Economy News
Global shake-up: America’s retreat spells a big opportunity for Europe
Europe needs to stay united against US divide-and-rule attempts, implement regulatory reforms for economic efficiency and open its gates to further immigration. Politics mustn’t get in the way of pragmatic policies—otherwise Asia will grab this moment.
4 min read4 Jun 2025EU suspends counter-tariffs on US goods until July 14 after Donald Trump's 90-day pause
The EU measures approved last week target more than 20 billion euros worth of US products, including soybeans, motorcycles and beauty products after US reciprocal tariffs.
2 min read14 Apr 2025EU hits back at Trump tariffs, targets £20 billion US products: 'Countermeasures can be suspended if...'
EU tariffs on US: The levies of up to 25 per cent are retaliation for US duties on steel and aluminium imposed last month. Europe's response to Trump's latest tariff salvo has yet to be announced.
2 min read9 Apr 2025EU mulls 25% tariff on some US goods, drops planned 50% retaliatory tariff on American whiskey
EU member states had pushed for whiskey to be excluded to spare European wine and champagne producers from 200 per cent tariffs by Trump as retaliation.
2 min read8 Apr 2025A new hope for Europe’s ailing economies: the military
Economists say the region’s planned defense buildup may be exactly what its economy needs, despite some sizable hurdles.
5 min read14 Mar 2025America First: Trump’s trade aggression could trigger another eurozone crisis
That could hit the US financial system too, as we saw during the Greek debt crisis, but should Trump go ahead anyway, Europe should take up Mario Draghi’s proposals and focus squarely on its global competitiveness.
4 min read11 Mar 2025Euro hits four-month high after ECB slashes interest rates to 2.5%, sixth rate reduction in nine months
Euro has gained 4.5 per cent this week, set for its biggest weekly jump since May 2009. The ECB has raised its inflation forecast to 2.3 per cent this year, above the 2.1 per cent seen three months ago.
2 min read6 Mar 2025London is getting it wrong: Consumer protection is not anti-growth
Market rivalry is good for businesses, consumers and the economy. But the UK government wants merger scrutiny to be more business-friendly and has weakened its antitrust authority. This is policy myopia.
3 min read3 Feb 2025Tourists and migrants: The winning combination helping this European economy keep pace with America
Spain’s economy grew last year at a pace that likely outstripped its European peers and even the US, driven by tourists and immigrants.
5 min read29 Jan 2025How Europe cripples its defenses
ESG rules and left-wing critics stymie defense financing and investment.
2 min read30 Dec 2024