Europe’s economy

The two faces of Emmanuel Macron

Emmanuel Macron, the French president, presents himself internationally as a bold statesman – yet his much-needed domestic reforms are remarkable for their timidity, says Frédéric Guirinec.

Iceland’s deep freeze – and thaw

Once a sleepy backwater, the country embraced the credit boom with gusto. Then came the crunch. Ten years on, the economy is back on its feet and its prospects look good, says Simon Wilson.

Germany: Europe’s lopsided powerhouse

Stockmarket volatility in Germany is a reflection of the underlying fragility of the country’s economy.

From Acropolis Now to Arrivederci Roma – get ready for the next big euro panic

There are plenty of reasons for investors to be nervous. Perhaps the biggest danger right now is Italy. John Stepek looks at how it could all blow up.

Bruising in Bavaria for troubled Merkel

Angela Merkle’s sister party, the Christian Social Union, has suffered heavy losses in Bavaria.

Macron reshuffles cabinet, not policies

The French president has reshuffled his cabinet amid his plunging approval ratings.

Chart of the week: inflation in Turkey at its highest in 15 years

Inflation in Turkey has soared to its highest level since 2003. In August, the annual rate of consumer price inflation had reached around 18% but in September it was almost 25%.

Italy’s debt crisis could be far messier than the Greek drama ever was

Italy’s debt is very high indeed. With the chances of repaying it slim, the eurozone is heading for yet another messy crisis. John Stepek explains what’s going on.

Italy picks a fight with Brussels

The big-spending budget proposed by Italy’s ruling populist coalition puts it at loggerheads with Brussels.

When will the slow-burning crisis in Italy ignite?

Italy’s populist government has decided to spend a lot more money than it’s got, risking a clash with the EU. John Stepek looks at how that might play out.

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