Tag "Eurozone"
European monetary policy faces another crisis: Is the ECB effectively leading the way?
In a little over a decade the European Central Bank found itself fighting three considerable crises: the Great Recession in 2008, the sovereign-debt crisis in 2011-2012 to today’s pandemic-induced recessions. The Euro is a project without precedent and under Mario Draghi the ECB was a leading actor in world monetary policy. In 2019, Christine Lagarde became the new president of the ECB. How does she compare?
Coronavirus: Threats to Global Economy
Aside from the obvious humanitarian costs associated with the coronavirus outbreak, it will inflict a severe economic toll. Given the structure of international supply chains, a Chinese slowdown affects the rest of the world. But this may no longer be a Chinese problem, as the recent surge in cases in Italy threatens the Eurozone economy directly. Global growth may have to take a temporary backseat until the crisis is resolved.
ECB: Systemic problems and future headwinds
At the next European Central Bank policy meeting in September, it is expected to gently lower interest rates to ease the burden on a stagnant Eurozone economy.
Disagreements on eurozone reform impact economic outlook
Emmanuel Macron’s ambitious plans to reform eurozone institutions received a further setback when German chancellor Angela Merkel toed her party’s line and rejected some of his bolder proposals when the two met in Berlin last week.
The dangers of Europe’s failure to defend democracy
Europe is increasingly holding back when faced with clear violators of democratic norms, from the far-flung DRC to neighbouring countries like Turkey. The ramifications end up jeopardising Europe’s own security. Earlier
The Week Ahead
Iran goes to the polls. Trump travels to Saudi Arabia. Swiss vote on energy. Eurozone discusses Greek debt. All in The Week Ahead.
Can Puerto Rico escape disaster?
Puerto Rico’s debt saga now heads to federal court, where the struggle between Puerto Rico and its creditors will be decided.
What can investors do about the negative rates conundrum?
Spooked markets and heightened investor anxiety has provoked a pronounced change in long term capital allocation strategies.
Federal Reserve interest rates present potential risk in the long-term
The Federal Reserve held rates steady last week and Wall Street cheered, but the reasons for the Fed’s hesitancy may represent significant risks for investors down the road. In the
Labeled a model for the EU, Ireland goes to the polls
The next Irish general election will probably see the current leader re-elected. But the potential for intense coalition negotiations is here and Ireland is set to move slightly away from