Unlike next German elections, investors are getting nervous ahead of Italy’s elections, but t the truth is that risks look much lower than a year ago these days. In fact, analysts at Citi Research don’t expect a ‘perfect storm’.
The latest survey carried out by the Bundesbank and BaFin (Germany’s Federal Authority for Financial Supervisión) highlighted a matter which is causing great concern for the “European growth driver”: the “ultra low” official interest rates continue to “strongly weigh” on the smaller German banks.
French President Emmanuel Macron’s government has announced reforms to loosen labour market regulations, fuel a fast improvement in employment numbers and boost the economy.
Nick Ottens via Atlantic Sentinel |A transition deal might be good for Britain, but there are many reasons to doubt the EU would agree to it.
Nick Ottens via Atlantic Sentinel |French president Emmanuel Macron has won support from the leaders of Austria, the Czech Republic and Slovakia for reform of the EU’s posted workers regime. The French president argues the rules must change to make Europeans feel the EU works for them.
Nick Ottens via Atlantic Sentinel |It is impossible to appeal to progressive middle-class and nativist working-class voters at the same time. Social democrats across Europe are caught in the middle of a culture war. Ahead of next month’s elections, Germany’s Social Democrats have to pick a side.
The minutes of the ECB’s July meeting published on Thursday reflected the central bank’s concern about the strength of the euro, but also a degree of caution regarding continued weak inflation data, analysts say.
Carax Alphavalue |The European pharmaceutical sector hit record highs almost two years ago, since when it has had an overall disappointing performance. So far this year, there has been no sign of its defensive qualities, although it continues to pay attractive dividends.