European carmakers have delivered a string of disappointments amid a flood of reports. Profits are shrinking and sales forecasts are being cut. Tens of thousands of employees are being laid off. The question is whether Italian luxury brand Ferrari can show the way forward for Europe’s car industry.
CarsThe effects of the war are starting to be seen in the eurozone, preliminary purchasing managers' indices show. More and more factors point to weaker growth and upward pressure on prices. There is a certain risk of a stagflation scenario, Pia Fromlet, euro economist at major bank SEB, says.
BusinessFrance has the highest loan costs in the euro area and a sky-high national debt. The turbulence in politics makes it difficult to get control of the economy. It is a political crisis that has negative economic effects, says SEB's euro economist Pia Fromlet.
BusinessTen years after the crisis summer, Greece's economy has turned to significant growth. The country's struggle is now to get back the workforce that fled during the crisis years. Halved tax for those who return is one of the tricks.
BusinessIn ten years, Greece has gone from debt chaos to a well-trimmed budget. It was a steel bath, says SEB's euro economist Pia Fromlet about the tough reform demands that turned the country around.
BusinessThe turbulence on the stock market continues. President Donald Trump's tariff decision against China leaves deep marks with falling prices, among other things in Stockholm.
BusinessDespite the fact that the EU does not want a trade war with the USA, certain American goods may still be subject to tariffs and become more expensive for Swedish consumers. This could be, for example, orange juice, peanut butter, bourbon, but also steel, says Pia Fromlet, euro economist at bank SEB.
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