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Mar 4, 2024 · The U.K. and Germany spent more than $500 billion. France spent $235 billion, Italy $216 billion. But the United States was in a league of its own, spending an astonishing $5 trillion on pandemic...
May 13, 2024 · More recently, the Covid-19 pandemic and Russia’s war in Ukraine have both inflicted more economic damage to Europe than to the US. Average per capita income levels in purchasing-power-parity ...
- Amy Borrett
Apr 12, 2024 · While the U.S. government could run a budget deficit of 5.6% of GDP this year with a further increase in 2025, the fiscal impulse in the euro zone is shrinking, with the budget deficit seen...
Mar 9, 2024 · The US has widened its productivity lead over Europe, sparking fears in the EU that it faces a “competitiveness crisis” as policymakers call for greater public and private investment.
- Valentina Romei
With a fast-growing economy, a strong labour market and falling inflation, the US has outpaced its counterparts in Europe and elsewhere. In terms of GDP, it posted a 3.3% gain in the fourth...
Oct 14, 2024 · US election key for trade, defence costs. Trump 2.0 tariffs could hit European output. Election ups pressure on Europe to reform economy. Oct 14 (Reuters) - For Europe's economy, the Nov. 5 U.S...
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Mar 16, 2021 · America will pull further ahead this year, while Europe is held back by less ambitious public spending, tighter restrictions on businesses and a slower rate of vaccinations, economists say.
