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- 01 30, 2025
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The EuropeanEUECBECB economies are in for a troubling few years. Germany is probably in recession. The European Commission is forecasting growth of just 0.8% for the as a whole in 2023, and little more in 2024. Inflation is coming down only slowly, prompting the European Central Bank () to raise rates yet again at its September meeting. Business confidence continues to worsen. The commission has asked the ’s former boss, Mario Draghi, to come up with a plan to strengthen Europe’s economy. It could make a book, working title: “Whatever it Takes (to Grow)“.