European leaders were criticized by U.S. Vice President JD Vance at the Munich Security Conference for their democratic institutions, with Vance warning that the continent’s greatest threats come from within. He expressed concerns about the retreat of Europe from fundamental values shared with the U.S., criticizing democracy, migration policies, and freedom of speech. Germany’s Defense Minister Boris Pistorius called Vance’s remarks unacceptable, highlighting the importance of security in Europe amidst discussions on Ukraine, Russia, and defense architecture at the conference.
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Eurozone economy grows 0.4% in first quarter ahead of Trump’s tariffs
The Eurozone economy grew 0.4% in Q1, exceeding expectations ahead of Donald Trump's tariff announcements, doubling the previous quarter's growth of 0.2%. Analysts predict that the ensuing global trade war will adversely affect future performance, with indicators of declining business confidence and potential for a technical recession in H2. The European Central Bank has repeatedly lowered growth forecasts, now at 0.9% for 2025, and anticipates further interest rate cuts amidst rising trade tensions, while Germany...
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