The Eurozone debt crisis, which began in 2009, was triggered by high levels of public debt, particularly in countries grouped under the acronym “PIIGS” (Portugal, Ireland, Italy, Greece, and Spain). The crisis followed the global financial downturn that started in 2008. When the US housing bubble burst, banks worldwide faced …
Read More »How Have Key Assets react to France’s Elections?
The French legislative elections drew mixed reactions from European fundamentalists, despite the fact that the results suggested the far right would not win power and therefore lower the risks associated with the political trend’s renowned economic ideas.By the end of the new trading week’s first day, the euro was up …
Read More »What could Italian elections mean for bonds, euro and banks?
The general election in Italy could add some more trouble to Europe’s heap of existing troubles including the war in the east, the hot inflation and the looming energy crisis.Forecasts indicate that power in Italy could be driven to the far-right coalition led by Giorgia Meloni from “the Brothers of …
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