THE STATE OF THE EURO AREA AND FISCAL EXPANSION
The autumn package of the 2017 European Semester was published, and sets out economic and social priorities for the EU, the euro area and...
Italian Referendum - Political risk moves back to Europe
The context—Political risk moves back to Europe. Elga Bartsch (Morgan Stanley) highlights the re-run of the Austrian presidential...
New bank rules for Europe... towards regulatory competition with the US?
A complete new set of bank rules for Europe The European Commission presented an extensive set of new bank rules, long expected: proposed...
BREXIT AND A NEW ERA OF DEGLOBALISATION?
The uncertain and diverse of post-Brexit scenarios Even though “Brexit means Brexit” as clearly stated by Theresa May, it is possible, as...
SANCTIONING COUNTRIES IN A POST-BREXIT WORLD?
The Debated Cases of Sanctions on Spain and Portugal The Commission initiated the process to impose sanctions (up to 0.2% of GDP and to a...
The Banking Crisis in Italy—Bigger than Brexit?
Italy is suffering from both a banking crisis and a political crisis (EuroIntelligence). Italian banks are the focus of attention because...
NAVIGATING THROUGH BREXIT
(Re-)Assessing the Implications High costs and changes in economic fundamentals—Ivo Pezzuto (EconoMonitor) reviews the expected economic...
Brexit D-Day—Turmoil and Uncertainty
The U.K. voted to leave the EU by 52%-48%, with a high turnout of 72%. The market reaction has been violent given widespread expectations...
Looking back at Greece and a necessary re-posting on Brexit
Greece: What’s in a Deal? (looking Back) The deal to complete the review—Against difficult negotiations, the Eurogroup and IMF agreed...
BREXIT: THE ECONOMIC ARGUMENT AND THE POLITICAL RISK
An uncertain outcome, with noisy polls—‘Remain’ is in the lead, but both campaigns agree that the referendum will be determined in the...
