Latest / The European Economy Podcast with Fexingo: ECB, Eurozone, and Continental Markets
Europe's Services Deficit Is Quietly Closing
While everyone watches goods exports, Europe's services trade has quietly turned a corner. In this episode, Lucas and Luna unpack the latest eurozone data from August 2026, showing how services exports—from engineering consulting to streaming royalties—are narrowing the bloc's long-standing deficit with the rest of the world. They dig into the specific drivers: the post-pandemic rebound in business travel, the EU's digital trade push, and the surprising resilience of French and German services firms. They also connect this to the ECB's inflation headache, since services…
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