Germany shows there is still political risk in the Eurozone

When the Netherlands kept Mr Wilders out of power and Mr Macron swept into office in France, the immediate threats to the Euro disappeared. The recent collapse of coalition talks in Germany does not presage any undermining of majority support for the single currency in its heartland. The next major political issue facing the Euro … Continue reading “Germany shows there is still political risk in the Eurozone”

Europe: political events in Italy prelude to the eurozone’s demise?

Last night, the Italian Government was heavily defeated in a referendum over changes it had proposed to the country’s constitution. This led to the resignation of Prime Minister Matteo Renzi and has thrown significant uncertainty over the country’s political future. Italy’s president has begun the process of selecting a new prime minister to form a … Continue reading “Europe: political events in Italy prelude to the eurozone’s demise?”