There is an old Irish joke about someone who asks for directions, and is told: I would not start from here. Advising the EU on economic strategy feels very much the same: they committed so many unforced errors, like fiscal...
Europe risks returning to a recession storm for the fourth time in less than 15 years. After the crisis of 2007-2008, the long phase of instability following the 2010-2011 sovereign debt crisis, alleviated only by the 2015 launch of quantative...
Quite recently, investors believed that it was safe to hold Italian bonds. However, Fitch Ratings changed all that by downgrading the eurozone’s third-largest economy to a BBB rating, which is only one level above junk status. Bloomberg reports that this...
The EU’s economic woes are set to continue, with Euronews confirming that both Italy and France entered a recession in the first three months of this year while Spain’s GDP fell sharply. The Worst GDP Numbers in a Decade France...
The Financial Times said that under Christine Lagarde’s leadership, the European Central Bank (ECB) is the only EU institution that can ‘save the eurozone’ in the midst of the economic impact that the coronavirus is having on Europe’s economy. This...
EU leaders are bracing themselves for another tough week as the coronavirus continues to take its toll on Europe’s health and economy. On Monday, Italy’s borrowing costs rose again as investors anxiously await a crucial EU meeting on Thursday where...
After prolonged and difficult negotiations, including verbal confrontations between Italy and Germany, Europe has found its first united response to the economic crisis caused by COVID-19. Eurogroup Rides to the Rescue On Thursday evening, Europe’s finance ministers – the Eurogroup...
Perché abbonarsi
Questo giornale rimarrò libero e accessibile a tutti. Abbonandoti lo sostieni.
