European Outlook 2025

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EUROPEAN OUTLOOK 2025

An opportunity forged in crisis?

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Introduction

The economic landscapes of Europe and the United States present contrasting narratives for investors. The consensus view of “U.S. exceptionalism” leading global economic growth is well entrenched. In contrast, Europe is set for a year of sub-par growth, with projections under 1%, reflecting structural challenges and global trade dynamics. The region faces a pivotal year. But can opportunity beckon in trying times?

EXPLORE EUROPEAN OUTLOOKS ACROSS PGIM

Against this backdrop, we asked experts from our business affiliates for their independent quick takes on the outlook for the European economy and markets.

Recession and stagflation concerns persist

Apr 22, 2025

A constructive outlook for the European economy exists, but Europe still faces a 'perfect storm' of cyclical and structural headwinds.

Read More
Total returns set to improve further

Jan 20, 2025

Stable yields and rental growth tell a compelling story, despite remaining elevated risks. The outlook is improving, but investors recognise the road ahead.

Read More
Jumpstarting European Competitiveness

Jan 20, 2025

Headwinds abound, but the case for European strategic exposure in broadly diversified portfolios still exists.

Read More
Investors favour Europe over UK, and infrastructure in focus

Jan 20, 2025

The progressive shift from a bank funding to a non-bank funding model is the big theme playing out in Europe.

Read More
Europe underexposed to growth

Jan 20, 2025

Investors in European equities may have to be content with yet another year of modest returns, or work harder to unearth compelling opportunities.

Read More

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