Trump is actually right. Europe is actually getting its act together

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“the idea just seems to be in which there is actually a different spirit for holding together,” Trump said. “I don’t think they had in which spirit when they were fighting with the U.K. in addition to [the] U.K. ultimately decided to go out. … I actually think the idea is actually going to be a great deal for [the] U.K., in addition to I think the idea is actually going to be definitely, definitely Great also for the European Union.”

EU leaders are standing firm inside the face of Brexit. in addition to the economic outlook for the eurozone is actually brighter. Economic numbers released Monday suggest things are looking up for a region in which has struggled to create jobs in addition to generate momentum since the global financial crisis.

The unemployment rate across the countries in which share the euro currency fell to 9.5% in February, its lowest level since May 2009. Analysts said rising business confidence was part of the reason.

A survey of about 3,000 manufacturing firms published at the same time shows factory output in addition to orders rose last month at the fastest rate since April 2011.

eu comeback

“Eurozone manufacturing is actually clearly enjoying a sweet spell as we move into spring, however the idea is actually also suffering growing pains inside the form of supply delays in addition to rising costs,” said Chris Williamson, chief business economist at IHS Markit.

Related: Trump’s anti-EU rhetoric could actually help Europe

Europe faces a series of big political tests in which year, in addition to Great news on the economy could determine whether the EU survives the Brexit shock of losing a member for the very first time in its 60-year history.

Trump hailed Brexit as an example of people taking back control through political, business in addition to media elites. in addition to he has offered Prime Minister Theresa May talks on a bilateral trade deal in which could be vital to Britain’s future outside the EU.

however the president appears to have revised his earlier view in which the EU would likely splinter as various other countries chose to follow Britain through the exit door. His attacks may have contributed to in which greater sense of unity — analysts say the idea gives mainstream politicians a rallying cry.

Related: 5 huge obstacles to an amicable Brexit

Big test looms in France

EU leaders last week unveiled a draft set of tough principles for negotiating Britain’s exit.

in addition to Dutch voters rejected the far-right populism of nationalist Geert Wilders in an election in March. Still, the stakes will be much higher later in which month when France holds elections. Right-wing leader Marine Le Pen has promised a referendum on France’s EU membership if she wins the presidency.

“We are at the mercy of a currency adapted to Germany in addition to not to our economy,” Le Pen told a rally of her supporters on Sunday, according to Reuters. “The euro is actually mostly a knife stuck in our ribs to make us go where others want us to go.”

There was positive news for France in March’s manufacturing survey: brand-new orders increased at the fastest pace in nearly six years.

The jobs numbers were less encouraging. French unemployment remained at 10%, with nearly three million people looking for work.

The eurozone has created nearly 3.9 million jobs since unemployment peaked at 19.3 million in April 2013. however more than 15 million people are still unemployed, in addition to youth unemployment continues to plague several countries, including Spain, Portugal, Italy in addition to Greece. Youth unemployment in Greece in addition to Spain is actually still above 40%.

sy88pgw (London) First published April 3, 2017: 10:24 AM ET


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Trump is actually right. Europe is actually getting its act together

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