Europe facing another ‘lost decade’

Ten years after the financial crisis, economic stagnation risks becoming the new normal

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The UK has endured nearly ten years of austerity
(Image credit: Dan Kitwood/Getty Images)

Europe is facing another decade of economic stagnation with low inflation, low interest rates and low growth becoming the new normal unless it takes drastic action soon to kickstart growth.

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Elliott Goat is a freelance writer at The Week Digital. A winner of The Independent's Wyn Harness Award, he has been a journalist for over a decade with a focus on human rights, disinformation and elections. He is co-founder and director of Brussels-based investigative NGO Unhack Democracy, which works to support electoral integrity across Europe. A Winston Churchill Memorial Trust Fellow focusing on unions and the Future of Work, Elliott is a founding member of the RSA's Good Work Guild and a contributor to the International State Crime Initiative, an interdisciplinary forum for research, reportage and training on state violence and corruption.