As Germany and France grapple with domestic political turmoil and economic downturns, analysts warn of a potential leadership vacuum and further fragmentation within the European Union.
With Germany and France fighting political and economic woes on the domestic front, analysts say there is danger of a leadership vacuum in the region, and more fragmentation.
Business activity in the manufacturing and services industries in both countries — Europe's largest and second-largest economies, respectively — declined further in September, data showed Monday. A defeat to the AfD could have had major repercussions for Germany's leadership given the sharp rise of the far-right's popularity among parts of the German electorate,
"The German economy continues to struggle for momentum, fuelling concern that the headwinds are structural rather than just cyclical," J.P. Morgan euro area economist Greg Fuzesi said in a note Friday, entitled "Checking in on the German patient."
Europe Germany France Economy Politics
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Europe could be drifting into a downturn as France and Germany fight economic and political woesWith Germany and France fighting political and economic woes on the domestic front, analysts say there's a danger of a leadership vacuum and more fragmentation.
Read more »
Germany scrambles to save face after Intel delays major chip plantGermany and Poland had committed billions of dollars to building semiconductor factories on their soil, but slow sales at Intel has thrown their ambitions under the bus – at least for now.
Read more »
Germany scrambles to save face after Intel delays major chip plantGermany and Poland had committed billions of dollars to building semiconductor factories on their soil, but slow sales at Intel has thrown their ambitions under the bus – at least for now.
Read more »
Harris to unveil new wave of economic policies for small businesses, communities, in economic speech WednesdayTo spur the creation of millions of new businesses, Vice President Kamala Harris is set to propose a handful of new benefits to entrepreneurs and small business owners as part of a second wave of economic proposals set to be unveiled Wednesday.
Read more »
Telegram founder Pavel Durov released from police custody to face questioning after arrest in FranceThe Russian-born billionaire left the anti-fraud office near Paris in a police vehicle on Wednesday afternoon, according to a report.
Read more »
European terror attacks alarm US intelligence, NYPD briefing showsThe attacks in Germany and France have alarmed U.S. law enforcement.
Read more »