Europe has no escape from stagnation
Things look increasingly dark for the continent

It is hard to avoid the soft bigotry of low expectations. The EU’s statistics bureau titled a recent release—showing no economic growth in the last quarter of 2024—“GDP stable in the euro area”. “Stagnant” would have been more accurate.
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This article appeared in the Finance & economics section of the print edition under the headline “Onwards and sideways ”
Finance & economics
February 8th 2025
From the February 8th 2025 edition
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Economists don’t know what’s going on
Blame crumbling statistical offices

Not just Trump: Asia has a trade problem of its own making
A “noodle bowl” of agreements gets in the way of regional commerce

Trump’s sovereign-wealth fund won’t make America richer
It will just make the country riskier
What price cool? $31 a month, according to students
The value of having the right text-message bubbles
Will China’s shoppers cushion the Trumpian blow?
Perhaps. But nastier outcomes are also imaginable
Should investors spend the trade war in India?
Mumbai may be a haven, but it is not a safe one