12 Feb 2024
Believe it or not, Germany is the Number 1 coal consuming country in the EU...
If one really cared about climate, would one shut down nuclear or coal power plants first? Source: Michael A. Arouet
8 Feb 2024
Europe deindustrialization continues
German industrial production fell for 7th consecutive month in December, the longest decline in the history of the data series. The 1.6% MoM decline came as a huge downside surprise. Source: Bloomberg, HolgerZ
8 Feb 2024
Eurozone Retail Sales Volume
Source: The Daily Shot
5 Feb 2024
The reason why tighter bank lending conditions bite Eurozone economy faster, while US companies still don’t suffer under higher rates due to longer duration.
Source: Patrick Krizan, Michel A.Arouet
2 Feb 2024
European stocks are currently trading at their lowest valuation relative to U.S. Stocks in history
Source: Win Smart, IBES
1 Feb 2024
Greece is the third country in Europe, after italy and spain, to see energy security affected by Houthi attacks to tankers in the Red Sea.
At least 3 Qatari LNG cargoes have been cancelled over the last days, impacting the Greek prospects of becoming a gas hub in europe. Source: Francesco Sassi
4 Jan 2024
A remarkable chart. The sector composition probably does not explain everything
Source: Michel A.Arouet
14 Dec 2023
Times are tough for European industry, which is having to adapt to climate-friendly regulations, higher energy costs and increased competition from Chinese producers
German industry has seen production fall by -2.3% this year; worst of the four biggest eurozone economies. Source: Gavekal
