Swiss Economicblogs.org
The political temperature is rising in the euro area. But in the short term at least, we believe political developments could actually boost sentiment Europe is facing a number of risk events amid a deteriorating political and social backdrop (see Table 1 below for the most important ones), including the ongoing migrant crisis, the Brexit referendum, the first review of Greece’s third bailout programme, and the prospects of new elections in Spain. There is no stable relationship between...
Read More »Euro Area Politics: It’ll Be Alright on the Night
