So why is Europe stagnating economically? Also an interesting @adam_tooze piece (). After Covid, eurozone:
- GDP down 7.6% (compare -3.5% US)
- investment down 10%, esp in S Europe (compare -1.7% US)
- stimulus, inflation running low too
So why is Europe stagnating economically? Also an interesting @adam_tooze piece (). After Covid, eurozone: