Europe as German Empire

A year ago I described Europe as being, in all but name, Germany’s empire of 500 million people – but one about to become a major burden. It would nevertheless stand by its “troubled empire.” Notwithstanding domestic opposition, Germany would “provide or...

Industry In A Changing Europe

Financial services are the focal point of the debate about Britain’s future in the EU. The sovereign debt and banking crises have accelerated integration in the Eurozone, a trend often seen as alien to British interests. The position of the City as the main...
Airbus delivers first A400M

Airbus delivers first A400M

European aircraft manufacturer Airbus has delivered its first A400M military transport plane to France. The handover ceremony took place at the Airbus Military plant in Seville, Spain, on Monday. The aircraft, the first of 50 ordered by France and one of a total of...

German investor morale brightens

German analyst and investor sentiment climbed more than expected in August, a leading survey showed on Tuesday, suggesting Europe’s largest economy is gradually regaining momentum after suffering a contraction in late 2012 and a weak start to 2013. The ZEW...
ECB Lowers Interest Rates

ECB Lowers Interest Rates

Europe’s interest rates have probably reached a bottom. Although the economy has been in recession since Q4 2011, the European Central Bank (ECB) hesitated until this morning to lower its main refinancing rate at which banks can borrow funds by a quarter...