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Why Europe needs a change of mind-set to fend off the risks of recession

Guntram B. Wolff, (2019) “Why Europe needs a change of mind-set to fend off the risks of recession”, Bruegel, 2 September

Recession! This is the new worry in Europe and the US. A simple look at google trends shows that in Germany, France and the US, search interest for recession peaked in the last weeks. In Italy, the peak already occurred end of January. Whether a recession is actually occurring is difficult to gauge in real time. But there can be no doubt that significant risks such as the trade war and no-deal Brexit exist.

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