UK economy thrives while eurozone struggles with stagflation.
The UK's economy is thriving while the eurozone grapples with stagflation. Britain has maintained strong growth and a stable government, committed to long-term investment plans. In contrast, the eurozone's fragile recovery falters and parts of the region face recession. Germany's Ordoliberal ideology and dysfunctional coalition hinder progress, with the IFO business climate index falling and manufacturing survey hitting a nine-month low.
July 26, 2024
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