In terms of GDP per capita, even the poorest US state outranked the top five European economies in 2024 — with the sole exception of Germany, where the gap narrowed to around €1,500. But how do the ...

Nuclear power plants idled. Crops harvested at 3 a.m. Iconic tourist attractions shuttered early. Soaring temperatures are forcing drastic measures in Europe, where successive heatwaves are straining ...

In a speech at the World Economic Forum last month, Ursula von der Leyen, head of the European Union’s executive body, repeatedly stressed the bloc’s need for “independence.” She was speaking against ...

For much of the postwar era, European policymakers have prioritized stability and predictability over fostering breakthrough innovation. Today, as the United States and China compete for AI dominance, ...

This year’s extremely hot summer could take a meaningful toll on Europe’s economy and business activity, economists say. The greatest damage is seen among chemicals and other industrial companies, ...

The Eurozone faces unsustainable public finances due to aging demographics, high debt, and stagnant growth, leading governments to seek new tax revenues. Major EU countries are shifting toward taxing ...

European companies in China may have reached an inflection point, with business confidence showing signs of improvement for the first time in five years. The latest survey published by the European ...

Debates over tax fairness and anti-avoidance rules have dominated European tax policy circles for over a decade. However, as geoeconomic pressures increase around the world, policymakers are looking ...

Certain nations across the globe possess such extraordinary wealth that they command the international economy. When considering the world's foremost financial powerhouses, two names typically spring ...