Will Europe return to sustained economic growth despite persistent deficits and global pressures?

Europe’s old growth model — built on U.S. security guarantees, Chinese demand, Russian energy, and rules-based globalization — is no longer viable. According to The Economist, deficits remain a structural risk, while shifting policies in the U.S. and China continue to unsettle the continent. Still, growth is expected to revive modestly as Europe adapts to a harsher geopolitical and economic landscape.