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  • Overloaded wooden boat carrying Indonesian migrants has sank off the coast of Malaysia killing at least 14
  • Migrants taken off Hungarian train at Bicske bang on windows shouting “no camp, no camp”
  • Germany is expecting 800,000 asylum seekers this year, four times higher than in 2014, says Labour and Social Affairs minister
  • Polish PM Ewa Kopacz says the European Union must help people who flee wars, and Poland is ready to discuss its role, but it does not want to accept automatic quotas
  • Iran’s Supreme Leader Khamenei says preserving sanctions against Iran would cause collapse of nuclear deal, says sanctions should be lifted, not suspended
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  • EU Council president Tusk says at least 100,000 refugees should be fairly distributed around the European Union.
  • Hungarian PM Viktor Orban says the refugee problem is German, not European: “European leaders are not able to control the situation.”
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Boosting growth in Europe in a globalised world
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A more competitive Europe is the European dream in these days of austerity. But how to achieve it is always the question.

In this week’s Real Economy, we examine Europe’s competitiveness in a globalised world and bring you up to speed on how global trade actually works.

To find out how competitive European companies can support Europe’s sluggish growth, we caught up with the OECD’s secretary general, Angel Gurria.

We also put Europe’s most successful airline manufacture Airbus in the spotlight and focused on its challenges.

Finally we went to the French capital of Paris to explore why many multi-nationals are so keen on setting up camp in Europe.

Thanks for watching Real Economy. We will be back in the New Year with more. In the meantime, happy holidays!

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