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Europe Is Doing So Well Even Politics Can’t Drag It Down

  • German coalition talks, Brexit, Italy likely risks to EU
  • Elections in Czech Republic, Austria highlight anti-EU support
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Catalan Leader Flees to Brussels, Presses for Freedom

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Even as economic confidence in the euro area reaches historic highs, a series of political risks simmering across the European Union still threaten to undermine the bloc’s fragile recovery.

The euro-area economy, aided by more than 2 trillion euros ($2.3 trillion) of bond purchases by the European Central Bank, has been gathering pace with an index of industry and consumer sentiment registering its strongest reading this month since January 2001.