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Business & Economy

Jun 23, 2026

Europe's Spring Economic Forecast Confirms What Everyone Feared

The European Commission's spring economic forecast confirms the Iran war is dragging growth down while pushing inflation up — creating the worst possible combination for European governments already struggling with debt and defence spending demands.

News & Analysis

Jun 23, 2026

Europe's Defence Industry Is Growing. The Orders Are Growing Faster.

European governments are committing unprecedented sums to rearmament. But the factories, skilled workers, and supply chains needed to deliver on those commitments are lagging badly behind.

Business & Economy

Jun 23, 2026

Europe Wants Bigger Banks. National Governments Keep Getting in the Way.

EU cross-border bank mergers hit an 18-year high in 2025, but political resistance — not economics — is still the biggest obstacle to the banking union Europe says it needs.