Tag: GDP

Europe Is Splitting Into a Two-Tier Economy

While the core countries, centered around the French-German-Italian triad, struggle with a stagnant economy, outliers attract business investments and in return get strong GDP growth.

Europe Needs Capitalism

With most of the continent’s economies trapped between stagnation and decline, it is time to revive the forces that once made the West the greatest prosperity machine in history.

Looming Crisis Can Crash Europe’s Banks

When the next major fiscal crisis hits, Europe’s credit-challenged governments will pull down the banks with them. A crisis bigger than the one 15 years ago can no longer be ruled out.