In Europe, the Focus Is on Positive Macro Momentum
The macroeconomic forecast for much of the euro zone looks particularly grim. But there’s some forward movement.
Henry H McVey
December 17, 2025
A train driver looks out of the cab window as passengers board a TGV duplex high-speed train, operated by Societe Nationale des Chemins de Fer (SNCF) and manufactured by Alstom SA, as it stands in the railway station at Gare d'Avignon in Avignon, France, on Thursday, June 19, 2014. Siemens AG's plan had also envisioned merging the train operations of Siemens and Alstom and the Germany company said today it's now also offering an immediate rail-signaling joint venture with the French rival. Photographer: Balint Porneczi/Bloomberg
Balint Porneczi/Bloomberg
