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Blackstone Group plans to invest $500 billion in Europe over the next decade.
Jin10 reported on June 10 that Blackstone Group (BX.N) CEO Stephen Schwarzman stated that the group has “ample funds” and plans to invest $500 billion in Europe over the next decade. Schwarzman expects policy changes to drive an increase in the growth rate of the European economy. Blackstone Group will also begin investing in the Middle East. Regarding tariff issues, Schwarzman mentioned that the situation will be resolved in 6 to 9 months, and tariffs have little impact on inflation and economic growth.