Europe’s new normal: High energy bills, fading industry and one chance to fix it
German manufacturers are being strangled. The EU is feeling the pinch. Mario Draghi on Monday warned the EU may be staring at ‘slow agony.’
industrial output
European, German industrial fatigue endures, cannot be blamed on ‘energy anymore’
Industrial activity in the eurozone continued to contract in July, a closely-watched business survey confirmed on Thursday (1 August), as Europe’s economic woes showed little sign of abating despite growth data slightly above analysts’ forecasts earlie…