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Far-right lawmaker Geert Wilders, who wants a referendum on leaving the EU, is on course to win the most votes in parliamentary elections in the Netherlands
However, according to an exit poll, Wilders’s Freedom Party is projected to win 35 seats, substantially less than the 76 required to secure an outright majority. Source: FT
German growth forecasts for 2024 have been cut following the budget chaos after the Constitutional Court declared govt's spending plans unconstitutional
The consensus now expects GDP growth for Germany of just 0.4% for the coming year. Source: Bloomberg, HolgerZ
Wine production reached 16.1 billion (bn) litres in the EU in 2022. Top producers:
1) Italy (5.0 bn litres) 2) Spain (5.0 bn litres) 3) France (3.4 bn litres) Source: EU Eurostat
Will Lagarde / ECB cut rates sooner than anticipated ?
Source: AndreasSteno
The European composite PMI output index pointed to the sharpest decline in nearly three years
October's data also showed firms in the region cutting staff on a net basis for the first time since early 2021 The region is quite likely to go into a recession. Source: Markets Mayhem
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