Allianz Research

Allianz Global Wealth Report 2024:
Surprising relief

ClimateTech: The missing piece in the net zero puzzle

The ClimateTech industry is set to grow threefold, reaching a market size of USD650bn by 2030. However, Europe’s position in this emerging market cannot be taken for granted – without further efforts, Europe is likely to lose the race against the US and China. 

All eyes on fiscal in the Eurozone

A toxic policy mix in 2024? The Eurozone is heading into a challenging 2024 with both fiscal and monetary policy turning restrictive as real rates turn more limiting and governments tighten their belts.

 

Germany needs more than a plan

Germany is the only major economy that looks set to contract in 2023, with headwinds such as slowing demand for its exports , lopsided global growth in services over goods, the industry slowdown in the US and China and an inventory correction.