An explanation of the steel and aluminum tariff war in 16 points
The US imposed steel (25%) and aluminum (10%) duties on Europe, Canada and Mexico on May 31, reflecting Trump’s obsession to bring business back to the US and contain the…
Philippe Waechter's blog
Wage trends and employment – My Monday column
The minutes of the ECB’s March meeting reflect the central bank’s confidence in economic activity conditions in the euro area. The most noteworthy point reflecting this perception is the removal…
ECB, Inflation, the Fed, and Employment in France – My Monday column
Inflation figures at 1.1% in February do not trigger expectations of a fast and sharp change in the ECB’s monetary policy, and Mario Draghi and Peter Praet did not indicate…
The Eurozone Economy: a revival
The Euro Area (EA) economy is now following a robust growth trend. It has started in 2013 and in 2016 and 2017 the EA GDP growth will be higher than…
Euro Area: +6.6 million jobs since 2013
During the first half of 2017, the employment level came back at its pre-crisis peak level. This was already the case for the first quarter but it has been confirmed…
Strikes in the UK – Just the beginning?
The strike in two McDonald outlets in the UK is interesting. The main reason is the lack of security associated with zero hour contracts and the low level of compensation.…
Labor law reform in France: momentum on the move
The Macron presidency is finally going to be able to unleash its full momentum. Talks between the government and trade unions on the broad trends for forthcoming changes to French…