The truth seeker
Silent weapons for quiet wars
'The GDP gap between Europe and the United States is now 80%'
COLUMN. As after every crisis, Europe has been stalling since Covid-19, observes Arnaud Leparmentier, Le Monde's correspondent in New York.
www.lemonde.fr
Europe Has Fallen Behind the U.S. and China. Can It Catch Up?
A “competitiveness crisis” is raising alarms for officials and business leaders in the European Union, where investment, income and productivity are lagging.
Europe’s economic apocalypse is now
Stagnation, flagging competitiveness, Donald Trump — the continent is facing “an existential challenge.”
www.politico.eu
Germany's economic engine misfires again, fueling election uncertainty
German GDP declined 0.2% last year, for its second straight year of contraction.
The German economic engine so crucial to Europe is running out of steam and has contracted for a second straight year . The continents share of of global GDP is shrinking since 2008 the US and China have both overtaken it and are leaving the continent in the dust
It’s been unable to foster any relevant tech companies and already looks set to lose out on AI in this Digital age economy the lower productivity and ageing workforce are not helping
