28-08-2022, 12:38 AM
https://www.wsj.com/articles/europe-head...1661276019
Europe Heads for Stagflation
Leaders have few good ideas other than waiting for growth elsewhere.
The bad news keeps coming for Europe’s economy, and if you’re in America resist the temptation to gloat. Data released Tuesday suggest that the eurozone is in a recession or soon will be, and the timing couldn’t be worse for the bloc of American allies and trading partners.
Europe Heads for Stagflation
Leaders have few good ideas other than waiting for growth elsewhere.
The bad news keeps coming for Europe’s economy, and if you’re in America resist the temptation to gloat. Data released Tuesday suggest that the eurozone is in a recession or soon will be, and the timing couldn’t be worse for the bloc of American allies and trading partners.