comes as Europe’s economic model is showing signs of stress. GDP growth has lagged that of the United States since the 2010 European debt crisis. Within the EU, markets fragmented along national lines, the lack of a well-functioning financial system, inadequate macroeconomic policies, and an underdeveloped high-tech industry have all meant subpar growth. Externally, the decoupling from Russian energy supplies and uncertain prospects for
Europe’s Vulnerable Economy
Jul 01, 2024
2 minutes
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