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Mar 4, 2024 · Over the course of 2023, the European economy saw close to zero growth. The continent’s two largest national economies—Germany and the U.K.—may both be in recession. Flagship European companies...
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 down...
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
Oct 3, 2024 · BRUSSELS ― The United States and the European Union have faced similar challenges over the past couple of decades, with the financial crash and the Covid pandemic wreaking economic havoc, taking years to recover from. But of the two, it's America that has found a way to surge ahead.
Mar 16, 2021 · The eurozone economy shrank 6.6 per cent last year — compared with a decline of 3.5 per cent in the US economy — and the bloc is expected to slide into a double-dip recession with a second...
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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...
