Europeโs economic apocalypse
Stagnation, flagging competitiveness, Donald Trump โ the continent is facing “an existential challenge.”
Stagnation, flagging competitiveness, Donald Trump โ the continent is facing “an existential challenge.”
The paper calls for โeven more incentives for structural reformsโ in EU cohesion policy from 2028 to 2034.
The EU’s outgoing commissioner Gentiloni encourages reforms and investments to keep growth alive.
Central banks should focus more on supporting growth now that they’ve squashed inflation, Fund urges.
Inflation may be on the retreat, but growth is slowing and debt is rising as the West and China square off ever more directly.
โItโs karma, no?โ said one European official.
Trump, however, said the Secret Service did an โabsolutely outstandingโ job.
โStructural reforms are not the responsibility of the central bank โ they are the responsibility of governments,โ European Central Bank president says.
Prime ministers in the wings to save Belgium.
The EU should expand its budget and consider linking all member state payments to structural reforms, EU Budget Commissioner Johannes Hahn said on Monday (29 April).