Showing 1 - 4 of 4
Don't be fooled by Merkel's aura of invincibility
News, Paul Wallace, Published on 22/09/2017
» Unlike the nerve-jangling elections earlier this year in the Netherlands, France and Britain, Germany's has been notably dull. The country that invented "Sturm und Drang" is showing a distinct lack of storm and stress as Angela Merkel heads towards a fourth term as chancellor.
How money is going to divide Europe after Brexit
News, Paul Wallace, Published on 19/10/2017
» Right now the European Union is united on one thing above all: to get Britain to pay as big a divorce bill as possible when it exits the EU. But while money will unite leaders at this week's European summit, it will divide them after Brexit.
The real worry about Italy's election
News, Paul Wallace, Published on 02/03/2018
» Ahead of Italy's election on March 4, investors are most afraid of political change. They worry that the government may succumb to the populist forces that France and the Netherlands dodged last year. Such fears are misplaced. Italian political risk is overhyped. By contrast there is undue complacency about Italy's vulnerable economy, the third biggest in the euro area.
Don't start celebrating Greece's bailout exit just yet
News, Paul Wallace, Published on 22/08/2018
» For once Europe has an exit to celebrate rather than dread. On Monday, more than eight years after its first euro zone bailout, Greece left its third financial rescue programme. This is a welcome Grexit, but before popping open the champagne it's important to remember that Athens remains in thrall to its European creditors, who have failed to put the Greek economy on a sustainable footing.