The European Union’s economy has shown signs of slowing down, casting doubt on the bloc’s growth prospects for the rest of the year. Economic growth in the EU decreased to 0.2% in the second quarter of 2019, down from 0.4% in the previous quarter. This decline was attributed to weakening industrial production and exports, with Germany, France, and Italy all reporting lower economic growth. Additionally, the ongoing trade tensions between the US and China have added to the uncertainty surrounding the EU’s economic outlook. Experts are now questioning whether the EU will be able to achieve its projected growth targets for the year.
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Arwen Volkov, A graduate of the University of St. Gallen in Switzerland with a degree in International Finance, Arwen specializes in sustainable finance and green investments. She began her career at an investment bank in London, where she developed financing models for environmentally friendly projects. Known for her analytical and strategic thinking skills, Arwen is a sought-after financial consultant. In her spare time, she mentors fintech startups, contributing to their growth strategies. She is also a nature enthusiast and an amateur photographer.
