Change has come to Europe’s developed economies. The combination of China Shock 2.0 and a reduced American security umbrella is creating the conditions that if seized could move Europe toward a more perfect union. … READ MORE >
European Union
Market minute: The ripple effect of higher European defense spending
A common European Union defense buildup would provide substantial relief to many manufacturers, particularly in Germany. … READ MORE >
European energy crisis: A quandary with no good policy options
Short-term price caps as the best way—or, put more accurately, the least bad way—to mitigate the price shocks of the energy crisis in Europe and to prevent wider declines in aggregate demand. … READ MORE >
Private equity and venture capital stay resilient in the EU and UK
After a year of upheaval, private equity and venture capital dealmaking ended last year on a strong note in the European Union and the U.K., and that momentum is poised to continue. … READ MORE >
RSM Brexit Stress Index eases as Johnson secures deal
Prime Minister Boris Johnson and the European Union reached a Brexit deal in last minute talks on Thursday, giving reassurance to the foreign exchange market and a last minute boost to the equity market. But its passage is far from assured, with several immediate hurdles still to be overcome, including what is expected to be a close vote in Parliament on Saturday. … READ MORE >