The economic news from Europe over the past month has been bleak. Throughout the eurozone, gross domestic product is either stagnant or in decline. Business surveys from September show that Germany’s economy – the engine of the European Union – has entered recession as it struggles with high energy costs and weak industrial output. Reports […]
Europe’s Economic Outlook: Past Changes, Future Problems
It’ll be difficult to reindustrialize and enhance military capabilities, given the rising costs of tackling the economic downturn through state subsidies and incentives.
