European interest rates rise and fall closely with American rates. This can be good for Europe, but it can also be bad, especially if America is hit by a fiscal crisis.
Next year is shaping up to be tough, both for the euro zone and European countries outside of it. How bad will the recession be? Our forecast goes beyond conventional economic wisdom to find out.
European central banks agree that inflation may bump up again in 2024. But their explanations for this are oddly incongruent. What is really going on here?
With two months left in 2023, the Federal Reserve and the ECB have struck a note of confidence with debt-market investors. This gives Europe hope as they slide into a recession, but will it help America avoid a fiscal crisis?
Europe’s banks are in credit-crunch mode. The ECB’s decision to keep interest rates unchanged is meant to help, but it also raises the white flag on inflation.
One of the design ideas focuses on cultural heritage. The rest either pander to our individualistic and inflated sense of self-importance through vaguely defined European ‘values’ or pick comfortably neutral topics, such as landscapes or animals.
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