Workers in Europe Are Demanding Higher Pay as Inflation Soars

Prices are rising at the fastest rate on record, and unions want to keep up. Policymakers worry that might make inflation worse.

#economic-conditions-and-trends, #europe, #european-central-bank, #france, #leroy-merlin, #lvmh-moet-hennessy-louis-vuitton-sa, #organized-labor, #prices-fares-fees-and-rates, #sephora, #wages-and-salaries

Europe’s Recession Contrasts Economic Fortunes of U.S. Expansion

The diverging recoveries underway in the United States and Europe underscore the value of effective vaccination and public spending in the pandemic.

#coronavirus-2019-ncov, #economic-conditions-and-trends, #european-central-bank, #european-union, #eurozone, #recession-and-depression, #stimulus-economic, #united-states-economy

How the Stimulus Could Power a Rebound in Other Countries

As Americans buy more, they are expected to spur trade and investment and invigorate demand for German cars, Australian wine, Mexican auto parts and French fashions.

#china, #clarida-richard-h-1957, #europe, #european-central-bank, #eurozone, #federal-reserve-system, #gross-domestic-product, #international-trade-and-world-market, #lane-philip-richard, #romer-christina-d, #stimulus-economic, #united-states, #united-states-economy

Mario Draghi Saved the Euro. Can He Now Save Italy?

Mario Draghi has broad support as he tries to form a new government and restore Italy’s credibility and clout in Brussels. But Italian politics is a dangerous place for an enigmatic technocrat.

#bank-of-italy, #banking-and-financial-institutions, #conte-giuseppe, #credit-and-debt, #draghi-mario, #economic-conditions-and-trends, #economics-theory-and-philosophy, #euro-currency, #european-central-bank, #european-union, #eurozone, #italy, #legislatures-and-parliaments, #politics-and-government

Italy Looks to Mario Draghi to Solve Crisis, to Delight of Pro-E.U. Politicians

After a last-ditch attempt to revive Prime Minister Giuseppe Conte’s majority failed, Italy’s president summoned Mr. Draghi, the ex-head of the European Central Bank, to discuss leading Italy through the coronavirus emergency.

#conte-giuseppe, #coronavirus-2019-ncov, #draghi-mario, #european-central-bank, #five-star-movement-italy, #italia-viva-italian-political-party, #italy, #legislatures-and-parliaments, #mattarella-sergio, #renzi-matteo

Trump Wars II: The Loser Strikes Back

Trashing the nation on his way out the door.

#biden-joseph-r-jr, #coronavirus-2019-ncov, #credit-and-debt, #european-central-bank, #mnuchin-steven-t, #presidential-election-of-2020, #presidential-transition-us, #treasury-department, #united-states-politics-and-government

Europe Risks a New Economic Downturn as Lockdowns Return

Record quarterly growth inspires little joy as the threat of a double-dip recession looms.

#coronavirus-2019-ncov, #daimler-ag, #economic-conditions-and-trends, #european-central-bank, #european-union, #eurozone, #gross-domestic-product, #ing-groep-nv, #international-monetary-fund, #korngold-erich-wolfgang, #lagarde-christine, #minder-raphael, #mkg-productions-inc, #quarantines, #recession-and-depression, #stimulus-economic, #theatre-royal-de-la-monnaie-brussels-belgium

Europe’s Economic Revival Is Imperiled, Raising the Specter of a Grinding Downturn

As the coronavirus regains force, economists fear that Europe’s tentative recovery is at risk from traditional political concerns.

#coronavirus-2019-ncov, #europe, #european-central-bank, #european-union, #france, #germany, #great-britain, #international-trade-and-world-market, #johnson-boris, #lagarde-christine, #politics-and-government, #recession-and-depression, #stimulus-economic

Surging Euro Presents E.C.B. With a Dilemma

A rising currency is eroding the competitiveness of European exporters. Officially, the central bank isn’t allowed to do anything about it.

#euro-currency, #europe, #european-central-bank, #eurozone, #interest-rates, #international-trade-and-world-market, #lagarde-christine, #stimulus-economic, #us-dollar-currency

‘Europe Finally Got the Message’: Leaders Act Together on Stimulus

New measures by the European Central Bank and the German government to combat the economic damage caused by the pandemic have exceeded expectations.

#coronavirus-2019-ncov, #european-central-bank, #european-commission, #european-union, #eurozone, #germany, #government-bonds, #lagarde-christine, #stimulus-economic

Could the Coronavirus Bring Europe Back Together?

After three months of chaos and deaths caused by the pandemic, the continent, led by Germany and France, is giving convergence another try.

#berlin-germany, #china, #coronavirus-2019-ncov, #europe, #european-central-bank, #european-commission, #european-union, #finances, #france, #germany, #great-britain, #greece, #italy, #lagarde-christine, #le-monde, #merkel-angela, #paris-france, #politics-and-government, #propaganda, #quarantines, #unemployment, #united-states, #wages-and-salaries

European Slump Is Worst Since World War II, Reports Show

The European Central Bank will pay banks to lend money after the economy shrank the most in decades. The worst is yet to come, the eurozone’s top central banker warned.

#banking-and-financial-institutions, #coronavirus-2019-ncov, #europe, #european-central-bank, #eurozone, #germany, #interest-rates, #italy, #lagarde-christine, #politics-and-government, #spain

A Fumbled Global Response to the Virus in a Leadership Void

While world leaders are at last speaking out about the gravity of the pandemic, their voices are less a choir than a cacophony, with the United States absent from its traditional conductor role.

#berlin-germany, #biden-joseph-r-jr, #coronavirus-2019-ncov, #epidemics, #european-central-bank, #haass-richard-n, #lombardy-italy, #london-england, #trump-donald-j, #united-states-international-relations