How Europe will Fare in a World of Higher Tariffs
The European economy has entered 2025 in a fragile state with continued caution among consumers and firms keeping the pace of recovery subdued. The policies of the new U.S. administration, particularly on trade, are adding to existing high levels of uncertainty over domestic politics and fiscal policy, as well as threatening to compound the structural headwinds already facing European producers.
Join Gaurav Ganguly, Senior Director Economic Research, and the team of EMEA economists as they unpack the key questions on Europe’s outlook, including:
- Will the euro zone’s economic recovery gather pace or continue to underwhelm this year?
- Is the European Central Bank almost done cutting interest rates?
- How will Europe fare under our assumptions of higher U.S. tariffs?
- How far could the coming trade war escalate?
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SpeakersGaurav Ganguly Head of EMEA Economics Moody's Analytics
Kamil Kovar Associate Director - Senior Economist Moody's Analytics
Andrew Hunter Associate Director - Senior Economist Moody's Analytics
Barbara Teixeira Araujo Economist Moody's Analytics
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Dr. Gaurav Ganguly is the Chief European Economist and Head of the Climate Change Group at Moodys Analytics. Gaurav is an expert on a number of international economies having spent several years analysing and commenting on countries across Europe, Asia and the Americas. Gaurav has previously worked in financial services, consulting and audit. He was a research fellow at the Grantham Institute for Climate Change at Imperial College in London, where he developed a framework for using climate scenarios within financial institutions. He currently teaches Environmental Economics at Imperial College. He did his PhD in Economics from the University of Oxford.
Barbara Teixeira Araujo is an assistant director and economist at the Moody's Analytics Prague office. She is responsible for providing research and analysis on key European economies. Before joining Moody’s Analytics, Barbara worked at the economic research department of Natixis in Paris. Her work experience includes macroeconomic forecasting and real-time economic coverage. She holds a master’s degree in international economics and a BSc in financial engineering from Paris-Dauphine University.