Can Europe’s Economy Exceed Expectations in 2024?
Germany’s ongoing economic weakness suggests that the European Union’s long-term economic slump is not likely to end anytime soon. But with traditional laggards like Italy and France showing signs of recovery, and Central and East European members performing well, the bloc’s economic outlook could still take a turn for the better.
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CAMBRIDGE – After 15 years of economic upheavals, from the European debt crisis to the COVID-19 pandemic and Russia’s invasion of Ukraine, the European economy appears set to underperform in 2024. But are appearances deceiving?