Europe Refuses to Fall — But How Many Shocks Can Its Economy Take?
GlobeVerge51m ago1 newsroom
Europe has endured a pandemic, an energy crisis, inflation, higher interest rates, trade tensions and another wave of geopolitical instability. Yet its economy continues to grow, factories are strengthening and export demand is showing signs of recovery. Europe is far from booming, but after years of disruption, its ability to keep absorbing economic shocks is becoming a story of its own.
GlobeSignal
Why it matters
Europe’s economy is proving more resilient than its modest growth rate suggests. A sustained manufacturing recovery could finally give the region a stronger engine for growth.
Most affected
European manufacturers, exporters, households and energy-intensive industries.
Likely next
Energy prices, factory orders and employment. If manufacturing continues strengthening while energy costs ease, Europe’s recovery could broaden. If energy remains expensive, Europe’s narrow growth margin will face another serious test.