What the Congress of Vienna Can Teach Us 200 Years Later
Alberto Forchielli via Caixin| The system in place in Europe after Napoleon’s downfall created a common purpose, something that is sorely lacking in today’s world
Alberto Forchielli via Caixin| The system in place in Europe after Napoleon’s downfall created a common purpose, something that is sorely lacking in today’s world
The market has already discounted that the ECB will announce new stimulus measures on December 3rd, modifying the current debt purchasing programme. But monetary policy only goes so far, and apart from the central bank’s measures, the Eurozone needs more public and private investment to recover its growth potential.
Barclays | Both ECB’s Vice President Constancio and Chief Economist Praet warned of a potential macroeconomic impact of Paris terrorist attacks last Friday although the noted that these types of events generally have a transitory effect on the economy.
Eurozone inflation for October has been revised slightly upwards. Underlying inflation has rebounded to 1.1% basically due to periphery countries’ prices.
Bruce Newsome | European security needs to change. France has the most at stake and the most influence in the EU. It needs to improve European border security first, before it blames national security.
Last Friday’s terrorist attacks in Paris will be the main driver of European and US stock markets this week. Bankinter analysts expect a downward trend, but it will not be “worrying.” In their opinion, the impact over the first two days could wipe around 2% off the European bourses, but they will soon stabilise.
Fernando Barciela | European leaders are upset these days about the possibility of the UK abandoning the EU. But in the end, they seem convinced that this will be avoided.
Jens Bastian via Macropolis | Portugal and Greece are geographically located at the opposite ends of the eurozone’s southern periphery. In the course of the past five years, both countries had to confront various political calamities and economic crises, culminating in having to seek financial assistance from international official creditors.
Despite the fact the implantation of the digital economy in the western world is unstoppable, the problems and the barriers remain. Proof of that is that the European Union has lost its digital leadership. The creation of a Single European Digital Market could redress that situation.
Since the Eurozone’s recovery started two years ago, the number of people in work has grown in all EU member states individually during the last seven quarters. In Q2’15 it expanded by 1.9% on a y-o-y basis.