Germany's feeling the pinch - especially when it comes to exports to developing countries. That's weighing on the German economic upswing, but the impact is really not severe.
The European Commission has released new economic growth forecasts. Europe's major economies are expected to grow in the next two years — but at a slower rate than the Commission had previously forecast.
Business confidence among German managers dipped again in June, a forward-looking monthly barometer by the ifo think tank has shown. Current trade conflicts are not the only headache for executives.
For years on end, Turkey has been able to log astonishing growth rates. But economists are now sounding the alarm bells, saying that political uncertainties are not the only cause for concern in the coming months.
French President Emmanuel Macron is facing a sharp rebuke from a group of senior German economists, who criticized his eurozone reform plans in an open letter as risky and leading the bloc into a "liability union."
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