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Economics Europe

Italian fiscal policy: Anger in Brussels and Rome

On June 5th, the European Union began a process of opening Excessive Deficit Procedures (EDP) against Italy, which could culminate in a multi-billion Euro financial penalty.

Finance International

6 reasons 2015 will be defined by market volatility

Markets spent most of 2014 calmly moving up, but 2015 may be a different story. Outside of a brief surge in volatility in October, markets were complacent throughout 2014. Even

Economics Europe

France’s economic malaise spurs regional doubts

France’s dour political and economic climate puts European economic progress in doubt. Highest unemployment in 16 years and the worst Presidential polling approval in French history contribute to a worrying outlook