Feb 1, 2023 · For the impressive numbers it shows however, the European Union’s economic might is held up by three economic giants, per data from the International Monetary Fund. Put together, the GDPs of Germany ($4 trillion), France ($2.7 trillion) and Italy ($1.9 trillion) make up more than half of the EU’s entire economic output.

Sep 30, 2015 · European countries continue to dominate the overall rankings in the Global Competitiveness Index, accounting for six of the top 10 and 10 of the top 20. These economies, all from the north and west of the continent, have mostly now recovered to their pre-crisis levels of competitiveness.

Jan 19, 2023 · For Christine Lagarde, Head of the European Central Bank, Europe’s inflation rate “is still way too high" and she is determined to stay the course on interest rates. On growth, she said 2023 is not expected to be “a brilliant year, but it is a lot better than what we had feared.”

Apr 15, 2015 · The World Economic Forum is an independent international organization committed to improving the state of the world by engaging business, political, academic and other leaders of society to shape global, regional and industry agendas. Incorporated as a not-for-profit foundation in 1971, and headquartered in Geneva, Switzerland, the Forum is tied to no political, partisan or national interests.

Jan 9, 2024 · At a time when European economies face higher borrowing costs and strained public budgets, financial integration in Europe remains lower than before the global financial crisis. This session explores how the EU can compete with other advanced economies by …

Jun 22, 2012 · Hungary’s traditional strengths in innovation and ICTs are mirrored by good results in these two areas. The country benefits from a good availability of scientists and engineers, some collaboration between universities and industry and a capacity for innovation that is higher than in most East European economies. Greece Ranked 25th

Oct 10, 2024 · European households are saving at their highest rates in years, according to new data, with saving rates in the eurozone surpassing pre-pandemic levels. In the second quarter of 2024, the saving rate in Europe was 15.7% — an increase from the 15.2% rate seen in the quarter prior, according to Eurostat , the statistical office of the European ...

Feb 18, 2016 · Germany and the Netherlands complete the top three European economies. As the very future of the EU is debated, a positive picture does emerge. But as Europe's leaders stressed in Davos, there are challenges ahead to bolster …

Jul 15, 2015 · There are two plausible answers to this question: “yes” and “no”. The “yes” view is that expanding imports of European manufactures, coercive cultivation and mining schemes, and free-trade policies effectively pre-empted a diversification of African economies into manufacturing and eroded indigenous handicrafts.

Aug 10, 2022 · Global economic growth will slow to 3.2% this year from 6.1% in 2021, the IMF predicts. Europe’s economy is being particularly impacted by the war in Ukraine – because of the rising cost of energy.