growth

  The power dynamics within the European Union are changing. For many years, the Franco-German axis was the principal driver of European integration and of the continent’s economic and political progress. Following a prolonged period of tension that produced several wars, the friendship between Germany and France became fundamental to Europe’s success after World War […]

ooooo For much of the past decade, Europe has been weighed down by prolonged economic stagnation. Growth has slowed, productivity has stalled, and even the continent’s largest economies—Germany and France among them—have struggled to regain momentum. Yet amid this malaise, one large European economy has been moving decisively in the opposite direction. Once synonymous with post-communist hardship […]