Merz has been under rising political pressure at home to do more to address Germany’s economic malaise. Following two straight years of economic contraction, economists expect little if any growth this year, in part due to U.S. President Donald Trump’s tariff policies, which hit Berlin’s export-oriented economy particularly hard. German business leaders are now urging…
Everywhere they look these days, Europe’s politicians see chaos. The United States is helping to trash the global order it built in its image. China is pulling the rug from under efforts to upgrade European industry by weaponising its monopoly on critical minerals. Russia is waging a hot war at the European Union’s borders, with…
One of the winners of this year’s Nobel economics prize, France’s Philippe Aghion, on Monday warned Europe that it must not let the United States and China dominate technological innovation. Aghion shared the Nobel with American-Israeli Joel Mokyr and Canada’s Peter Howitt for work on technology’s impact on sustained economic growth. “I think European countries…