Berenberg Bank: Europe May See a Modest Boom After the War in Iran
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Golden Ten Data reported on April 17 that Berenberg Bank analysts stated in a report that once the worst phase of the Middle East conflict is over, Europe's strong fundamentals should re-emerge. Economic growth could be led by Germany, and in addition to fiscal stimulus, Germany should accelerate growth-friendly reforms. They said: "We expect most eurozone member states to return to their 2025 growth rates by 2027." By 2028, the eurozone growth rate is expected to be around 1.5%. The UK should experience an even greater increase. By contrast, US growth is expected to slow over the next few years. The analysts stated: "Capital misallocation due to tariffs, widespread Trump policy uncertainty, and, most importantly, aggressive crackdowns on immigration will all take their toll."
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