经济学人 20170617 business-1

European business: Getting its fizz back

Emmanuel Macron’s arrival on the scene has transformed the mood


IT IS remarkable what a difference a single election can make

The way Europe is regarded by the rest of the world has changed in a few months

a board member at..

is set for a giant victory in

transform attitudes from gloom to cheer.

freeing business activities

spark a trade-stifling confrontation between

German firms have long benefited from a combination of a steady domestic economy and their own exporting prowess

emerge as a vibrant centre for

reached a peak not seen since 1991

You can feel it, smell it. It’s in the air, real excitement

Some of these deals reflect European firms’ weakness and relative cheapness, as well as renewed optimism. 

translate their optimism into far more investment

That is hardly a boom.

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