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The European Recovery Stalls

The European Recovery Stalls
Office buildings, including the corporate headquarters of the European Central Bank (ECB), Commerzbank and Deutsche Bank stand in the financial district in the city center lit by the full moon and the sunrise in Frankfurt, Germany, on March 21, 2019. Thomas Lohnes/Getty Images
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Commentary

The economic sentiment indicator of the European Commission for August shows that the recovery of the European economy is slowing down.

Daniel Lacalle
Daniel Lacalle
Author
Daniel Lacalle, Ph.D., is chief economist at hedge fund Tressis and author of the bestselling books “Freedom or Equality” (2020), “Escape from the Central Bank Trap” (2017), “The Energy World Is Flat”​ (2015), and “Life in the Financial Markets.”
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