Bloomberg As populism tested the ability of Europe’s mainstream parties to adapt, one country stood out as an exception: Portugal. General elections on Sunday are likely to cement its status as an oasis for the political center. Yet it’s not without risks. Prime Minister Antonio Costa of the center-left Socialist Party has only a slight edge in some polls over ...

  Bloomberg The euro area economy kicked off 2022 on a weak footing, with pandemic restrictions taking a toll on confidence and growing fears that Germany may be on the brink of a recession for the second time since the crisis began. A sentiment gauge by the European Commission fell to 112.7 in January, the lowest in nine months, driven ...

  Bloomberg The Spanish economy beat expectations at the end of last year, benefiting from a surge in investment and strong export demand. Gross domestic product rises 2% in the fourth quarter following growth of 2.6% in the previous three months. That beats economist estimates for an increase of 1.4%. It’s also better than France’s 0.7% expansion and the contraction ...