Europe looks increasingly complacent about the winter ahead
The continent has navigated the first cold spell. There are more to come
“We are safe for this winter. Russia’s blackmail has failed.” Ursula von der Leyen, president of the European Commission, was in a confident mood on December 12th, speaking during the first cold spell of the season. It was a confidence born of a sure-footed start to winter. It may also turn out to have been premature.
This article appeared in the Finance & economics section of the print edition under the headline “No time to chill”
Finance & economics December 17th 2022
- How the West fell out of love with economic growth
- The game is up for Sam Bankman-Fried
- America’s inflation fever may be breaking at last
- What an unusual auction says about the art market
- Europe looks increasingly complacent about the winter ahead
- The struggle to put a carbon price on a flight
- The insidious threats to central-bank independence
From the December 17th 2022 edition
Discover stories from this section and more in the list of contents
Explore the editionMore from Finance & economics
Do tariffs raise inflation?
Usually. But the bigger problem is that they harm economic growth and innovation
European governments struggle to stop rich people from fleeing
Exit taxes are popular, and counter-productive
Saba Capital wages war on underperforming British investment trusts
How many will end up in Boaz Weinstein’s sights?
Has Japan truly escaped low inflation?
Its central bankers are increasingly hopeful
How American bankers dodged the MAGA carnage
The masters of the universe have escaped an anti-globalist revolt
China’s financial system is under brutal pressure
When will something break?