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The surge in European gas and electricity prices over recent months pushed energy prices to an all-time high in August, amplifying a pickup in...
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The federal election has seen a further fragmentation of the vote, which has left Germany with an inconclusive result. A protracted government...
Recent political shifts have increased the odds of Germany loosening its tight national fiscal rules after the September elections, which could be...
The race to succeed long-term Chancellor Merkel and lead Europe’s largest economy is wide open. But we think Germany will continue its reactive,...
The upside risks to our above-consensus view on eurozone inflation in 2021 are rising. However, we think that this primarily reflects the odds of...
We have revised up our forecasts for eurozone private consumption, and now envisage spending increasing 3.1% in 2021 and by a staggering 7% in...
We expect eurozone business investment to stage a vigorous recovery this year, boosted by a rebound in sales as the economy reopens. Booming...
The ECB will ramp up its monthly asset purchases under the PEPP over the coming quarter using the QE program’s existing flexibility. The decision...
With January’s detailed inflation report showing that transitory factors causedmuch of the month’s surprisingly large rise, a partial retracement...
The response of Europe’s consumers to the end of the lockdowns will shape the recovery, for better or worse. Social distancing, constrained...
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