european economy

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Tourist admiring Porto and Dom Luis I bridge

Portugal—no longer a safe haven for digital nomads—is leaving 400,000 jobseekers in limbo with its latest immigration crackdown

June 4, 2024

CEO of Stellantis Carlos Tavares poses following the presentation of the Jeep Avenger 4Xe Concept, on the first day of the 2022 Paris auto show.

Stellantis CEO suggests China EV battle is coming for Europe’s 13.8 million autoworkers: ‘The EV race has become a cost-cutting race’

May 30, 2024

Luca de Meo, chief executive officer of Renault SA, during a news conference on the Flexis electric vans joint venture in Boulogne Billancourt, France

Renault boss laments Volkswagen’s inability to ‘work as a team’ against BYD after joint affordable EV project collapses

May 23, 2024

Container ships and gantry cranes

EU’s trade surplus over the U.S. surges to record $47 billion—with China tariffs going up, it may get even bigger

May 22, 2024

New Tesla electric vehicles fill the car lot at the Tesla retail location on Route 347 in Smithtown, New York

Tesla is rushing to give angry European rental companies big discounts as plunging resale prices push them toward Chinese EV rivals

May 21, 2024

Ryanair Group CEO Michael O'Leary gestures while making a point during a press conference on the future of the company's operations

Ryanair boss Michael O’Leary becomes dissenting voice on Europe’s economic recovery, warning of ‘recessionary feel’ amid low ticket demand

May 21, 2024

taylor swift performing

Taylor Swift’s Eras Tour could boost Europe’s economy more than America’s, experts predict

By Prarthana Prakash

May 19, 2024

Skyline of Frankfurt am Main, Germany, the financial center of the country.

Debt-hungry American companies are flocking to Europe as interest rate cuts fuel $33 billion ‘Reverse Yankee’ effect

May 18, 2024

Carlos Tavares, chief executive officer of Stellantis NV, speaks during a press event at the 2023 CES event in Las Vegas, Nevada on Jan. 5, 2023.

Stellantis boss slams Biden’s 100% tariff on Chinese EVs, just as he plans to start selling them: ‘Whether I like it or not they are grabbing share’

May 15, 2024

Crowds of people at Rue Montorgueil pedestrian street in Paris, France

European inflation has surprised everyone—and it could help its long-struggling economy catch up with the U.S.

May 15, 2024

Michael Shu, managing director of BYD Europe, during the media day for the Munich Motor Show (IAA) in Munich, Germany.

BYD and Tesla race to carve up European EV market with Chinese carmaker planning to leapfrog Elon Musk by 2030

May 10, 2024

Pascal Soriot, chief executive officer of Astrazeneca Plc, speaks during an interview in London, U.K.

U.K. CEOs are facing off with shareholders to get U.S.-level pay. With interest rates set to fall, they might get it

May 9, 2024

Erik Thedeen, governor of the Riksbank, at a policy rate news conference in Stockholm, Sweden.

Europeans need to get more productive, Sweden’s central bank boss says. But that doesn’t mean Americans work harder

May 9, 2024

Governor of Sweden's Riksbank, Erik Thedeen.

Sweden acts as guinea pig on interest rate cuts, moving before the Fed for the first time this century—but it could be costly

May 8, 2024

Street in City of London with Royal Exchange, Bank of England and new modern skyscrapers, England, UK

‘Think about Europe, but everything a little worse’: The U.K. economy could stare down long-term irrelevance without immigration

May 4, 2024

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