Industrial performance across Europe has varied widely in the wake of the pandemic. The main laggards, Germany and France, have shaped the overall...
Eurozone | When forward guidance blurs guidance
Posted by Daniela Ordonez on Feb 14, 2022
In a week with few economic data releases, the latest ECB communicationsturned the week tumultuous. It appears that worries about inflation have...
Eurozone weekly economic briefing | Gloomy outlook just before Christmas
Posted by Nicola Nobile on Dec 23, 2021
The spread of Omicron across Europe coupled with the holiday season will probably result in a surge in infections over the next few weeks. This will...
Eurozone | Macron sets EU aims amid Omicron risks
Posted by Daniela Ordonez on Dec 10, 2021
The health situation is deteriorating across Europe, prompting strongercontainment measures. Beyond the direct impact that renewed restrictions will...
Eurozone: Rising Covid cases may slow the recovery
Posted by Daniela Ordonez on Nov 29, 2021
With Covid infections rising rapidly again across Europe, the health situation is back under the spotlight. Governments across the region are...
Eurozone weekly economic briefing | Strong eurozone economy faces winter headwinds
Posted by Angel Talavera on Nov 5, 2021
Monthly data continues to show a gradual but persistent slowdown in economic activity moving deeper into Q4. While we still expect the eurozone...
Eurozone weekly economic briefing | GDP surprised on the upside
Posted by Nicola Nobile on Oct 29, 2021
GDP for the eurozone surprised on the upside in Q3 with growth of 2.2% q/q, slightly up from Q2. The surprise came mainly from France and Italy,...
Eurozone | 2022 French deficit at least €40bn wider than budget
Posted by Daniela Ordonez on Oct 19, 2021
We estimate France’s fiscal deficit in 2022 will be around €40bn wider than projected by the government in its draft budget, at 6.3% of GDP versus...
European Cities | Short-term recovery to be followed by long-term realignments
Posted by Dmitriy Gruzinov on Sep 29, 2021
Despite another shift in the Covid-19 situation across Europe, national governments have largely resisted imposing new lockdowns, and our short-term...
The Global Services Trade Revolution
Posted by Oxford Economics on Aug 12, 2020
Forecasts by Western Union and Oxford Economics project the value of international, cross-border trade in services rising from $6.1trn in 2019 to...