europe

Why a Gulf Ceasefire May Not End Inflation Risks in Europe

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A potential Iran-US agreement could reduce geopolitical tensions and reopen energy exports through the Strait of Hormuz. However, restoring shipping activity does not immediately normalize global supply chains. Strategic energy reserves have been depleted, transportation capacity remains constrained, and production disruptions across the Gulf region may continue supporting elevated energy prices. Combined with rising debt … Περισσότερα

Stagflation Returns to Europe’s Agenda as Growth Slows and Inflation Persists

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Stagflation is once again becoming part of Europe’s economic conversation. While the Eurozone is not officially experiencing stagflation, policymakers are increasingly acknowledging warning signs: inflation remains stubbornly elevated, economic growth is losing momentum, and energy costs continue to weigh on both households and businesses. The challenge is particularly difficult because stagflation combines two economic problems … Περισσότερα

Europe Should Not Let Nuclear Nonproliferation Die

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The eleventh review conference of the Nuclear Nonproliferation Treaty (NPT) concluded with a whimper rather than a bang on May 22, 2026. Disagreements over language referencing Iran’s nuclear program derailed efforts to produce a consensus outcome. Reflecting the discord, the United States lambasted “the inability of some NPT States Parties to take Iran’s threat to global nonproliferation … Περισσότερα

Can the ECB Prevent Europe’s Next Debt Crisis? Fragmentation Risk Returns in 2025

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Can the ECB Prevent Europe’s Next Debt Crisis? The Fragmentation Risk Is Back Europe’s Old Debt Problem Is Quietly Returning — And Markets Are Starting to Notice Amid growing concerns over global debt sustainability and financial market fragility, the European Central Bank recently made a subtle but revealing observation. In its latest Economic Bulletin, the … Περισσότερα