The past few years have been a turbulent time globally, and 2026 looks set to hold some surprises in store, not least for the continent of Europe. While expectations for growth are broadly positive, the geopolitical tensions and trade drama of 2025 continue to make the region’s outlook difficult to predict. Defence spending in the name of sovereignty, investment in new technologies, the rise of European Union bonds and the hunt for a safe asset will all shape the year ahead.

The Bulletin publishes on Thursday 29 January, Enter your details to receive it in your inbox.