We do not expect President Trump’s meeting with President Putin to make a breakthrough on the Ukraine conflict. But even if there is a "deal" in the coming months the implications for the wider European economy will be limited because there is little prospect of a resumption of natural gas imports or change of plans to scale up European defence spending. Next week we expect the flash PMIs for August to again show that economic growth in the euro-zone remains weak.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services