Europe
Follow key economic developments from Europe and the eurozone, with local expertise on national economies, politics, food and agribusiness, the energy transition, sustainability, and more.
ECB comment: June or never?
President Lagarde foreshadows a rate hike in June.
Eurozone growth slowed ahead of the Iran war
The Eurozone economy grew 0.1% q/q in Q1. The slowdown ahead of the Iran war reflects, in part, delayed effects of US import tariffs.
Bank of England: ABC: Alert, but careful?
As expected, the Bank of England held the Bank Rate at 3.75%. Chief economist Huw Pill was the lone hawkish dissenter.
Exclusive Global mushroom cultivation is becoming larger in scale and more automated
Mushroom growers worldwide are scaling up and embracing automation as stagnant demand, labor shortages, and sustainability pressures intensify in many regions.
Monthly Outlook: Waiting
As the conflict between the United States and Iran approaches its two-month mark, financial markets are still grappling with the implications.
The great electrification: Can the EU power its AI ambitions?
The EU's AI ambitions are accelerating data center demand and pressuring power systems. This report shows how electrification and grid limits shape EU data center growth.
Bank of England Preview: Vigilance
We expect the MPC to keep Bank Rate unchanged at 3.75% at the April meeting and to reiterate the vigilant stance set out in March.
Spain’s renewable hydrogen bet: A test for the EU’s hydrogen ambitions
Spain is betting big on renewable hydrogen, leveraging Europe’s lowest‑cost renewable electricity to position itself as a production and export hub.
Ceasefire gives the ECB some time to assess
With less urgency to act, an April hike is now unlikely. We shift our call for a rate hike to June.
Exclusive Another Ceasefire
Our base case now assumes an extended closure of the Strait of Hormuz, pushing any meaningful normalisation of energy flows toward late September.
Exclusive Global pork quarterly Q2 2026: Conflict in the Middle East brings limited near-term impact but potential longer-term risks
Indirect risks from Middle East tensions, rising input costs, and shifting China and EU production dynamics are reshaping margins and trade in global pork markets.
Iran war causes heterogenous shocks across member states
The Iran war delivers a stagflationary shock. Italy and Germany are most exposed, while Spain is more resilient; energy mix, fiscal support and buffers explain this.
