Special
So far the EU has often taken a backseat in international matters, but the EU is waking up to a new geopolitical reality. Has the EU become more assertive? And what role does Germany, as the natural leader of the bloc, play?
Special Dutch version
We project the Eurozone economy to contract with 5.2% this year, which is heavier than during the financial crisis. Losses would increase to 12% if lockdowns are extended well into the summer. Debt sustainability issues are quickly re-emerging.
Economic Comment Dutch version
European trade commissioner Phil Hogan has concluded his visit to the US. The joint proposal to reform the WTO has been a major achievement but there has been little progress on US tariffs on European goods.
Special
Soon, President Trump will announce what to do with tariffs on EU cars. We think he will not hike tariffs just yet, but will keep the tariff threat alive. Within the EU, the German and Hungarian economy are most vulnerable to higher car tariffs in the US.
