The four cardinal points of Europe
“But in their own way, Europeans have created a place where they are guaranteed rights to what others desire: life, liberty and the pursuit of happiness.” This is the conclusion…
Philippe Waechter's blog
Europe, productivity and aging
Europe must find greater autonomy in the somewhat crazy world that is emerging. China is no longer such a strong market, Russia is no longer a cheap source of energy,…
The world has changed without Europe
“We have no eternal allies, and we have no perpetual enemies. Our interests are eternal and perpetual, and it is our duty to pursue those interests.” These are the words…
What if the German recovery plan was the long-awaited boost for Europe?
Since 2019, the German economy has stagnated, and the negative impact of Covid has been caught up with but not overcome. German GDP increased from 100 to 100.2 between 2019…
Europe’s dependence on America
Donald Trump is now in the White House. The MAGA (Make America Great Again) slogan he carried throughout his campaign could be translated as “me first.” It is a vision…
Europe and its industrial policy
The United States and China have chosen to strengthen their industrial policy in order to continue to innovate and stay on course for technological dynamics that generate productivity and additional…
The Wage Momentum in the Eurozone
Wage dynamics are changing within the Eurozone. In September, the increase in the salary rate, as measured by the job search site Indeed, was only 3.6% compared to 5.1% at the…