Blackstone Commits $500 Billion to Europe Over Decade

Blackstone Group CEO Stephen Schwarzman has revealed a bold investment strategy for the next decade, pledging a remarkable $500 billion in investments across Europe. Schwarzman anticipates favorable policy shifts that will accelerate Europe’s economic growth rate, prompting his firm’s substantial expansion efforts there. In addition to Europe, Blackstone is poised to begin investments within the Middle East. Regarding trade tensions, Schwarzman expressed confidence in their resolution, asserting tariffs will have minimal impact on inflation and economic growth.