Sick man on the mend? Europe could finally be about to shine

Continent on course for improving financial health

clock • 3 min read

Billy Bragg was not wrong when he wrote 'There is Power In A Union'. While mired in seemingly endless political crisis, the European Union has proved its worth in bringing disparate European economies together to form the economic powerhouse it is today.

Despite being the second largest economic bloc in the world, with GDP standing at around $15trn in 2020, Europe has for years been hampered by painful sovereign debt crises, constant political instability, deep structural impediments and measly economic growth. Such is the political and economic stagnation that Europe has traditionally been considered the 'sick man' of global equity markets as overseas investors shun out-of-favour and apparently unexciting European companies for their shiner, more glamourous North American and Asian peers.   Resurgence of global dividends expected aft...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Europe

Timing of ECB rate cuts in doubt as core eurozone inflation measure disappoints

Timing of ECB rate cuts in doubt as core eurozone inflation measure disappoints

Services price inflation remains sticky

Valeria Martinez
clock 01 February 2024 • 1 min read
Eurozone inflation rises to 2.9%

Eurozone inflation rises to 2.9%

Driven by energy prices

Elliot Gulliver-Needham
clock 05 January 2024 • 1 min read
European mutual funds suffer €19bn outflows in October

European mutual funds suffer €19bn outflows in October

LSEG Lipper European Fund Flows

Cristian Angeloni
clock 27 November 2023 • 2 min read
Trustpilot