Three-speed Europe heads to Washington D.C.

It’s that time of the year when the CNBC International team gets to cross the Atlantic for a full week of coverage from Washington, D.C.

While we may be on American soil, Europe will take center stage as we speak to central bank governors and finance ministers from across the continent who are attending the International Monetary Fund and World Bank Annual Meetings.

Besides the many macro-economic demands, there are some homegrown challenges to confront.

So far, the second half of the year has been marked by political and economic divergence in Europe. At a time when the bloc should be united, given a raft of external pressures, nations are preoccupied with domestic issues.

France remains a flashpoint. As CNBC’s Charlotte Reed reports from Paris, the unprecedented political uncertainty has rattled the French bond market.

In Washington, D.C., CNBC’s Karen Tso will speak to Banque de France Governor and European Central Bank Board Member Francois Villeroy de Galhau about how the turmoil in the Elysée Palace is affecting monetary policy decisions.

Last week, he told RTL Radio, “we’re all fed up with this political mess”, warning it’s eroding business and consumer sentiment, and could shave up to 0.2% off economic growth.

Germany, by contrast, is on firmer footing. Goldman Sachs forecasts the economy will outperform in 2026 as Chancellor Friedrich Merz’s government prioritizes fiscal “speed and execution.”

Music to the ears of Bundesbank Chief Joachim Nagel, who will be speaking to CNBC during the IMF/World Bank meeting.

However, he has urged caution, warning in a New York Times interview that Europe cannot afford complacency over trade tariffs, Chinese competition or central bank independence.

Meanwhile, the sun continues to shine on the Spanish economy, as the nation receives a double thumbs-up from the ratings agencies, with both Moody’s and Fitch joining S&P Global in upgrading its credit rating.

This week, CNBC will speak to Finance Minister Carlos Cuerpo, who used strong economic momentum, relative to its European neighbors, to push for reforms to the bloc’s financial markets.

Monday: China trade data

Tuesday: German inflation data, U.K. unemployment data, Ericsson earnings

Wednesday: China and French inflation data, ASML earnings

Thursday: U.K. GDP data, ABB earnings

Friday: EU inflation data, AB Volvo earnings