Latest news with #MarkSchroers
Bloomberg
4 days ago
- Business
- Bloomberg
Euro-Area Growth Doubled at Start of Year Thanks to Ireland
By and Mark Schroers Updated on Save The euro-area economy expanded twice as much as previously reported at the start of 2025, as countries including Ireland and Germany saw exports surge in anticipation of US trade tariffs later this year. First-quarter output rose 0.6% from the previous three months, above the second estimate of 0.3% from mid-May, Eurostat said Friday. While a majority of economists surveyed by Bloomberg had expected an upward revision, only two anticipated it to be this strong.
Bloomberg
07-04-2025
- Business
- Bloomberg
Germany's Merz Has a Problem: Can He Spend a Trillion Euros?
By and Mark Schroers Save German Chancellor-in-waiting Friedrich Merz has locked in political backing for a grand plan to ramp up investment in its infrastructure and military. Now he needs to spend the money, and that's not straightforward in a country that often struggles to get things done.
Bloomberg
21-02-2025
- Business
- Bloomberg
Euro-Zone Private Sector Barely Grows With Germany Offering Hope
By and Mark Schroers Updated on Save Business activity in the euro area hardly grew again in February, reinforcing fears that the bloc remains mired in stagnation. The Composite Purchasing Managers' Index by S&P Global held at 50.2, just above the 50 threshold separating expansion from contraction. Analysts had predicted a reading of 50.5.
