“Italy’s government led by Prime Minister Giuseppe Conte risks collapsing in the middle of the Covid-19 pandemic after a junior coalition partner pulled out.” – by Chiara Albanese and John Follain
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Investors in Europe: 2020 Coronavirus Update
Investors in Europe: 2020 Coronavirus Update
Lockdowns across Europe have resulted in unprecedented economic damage over the first half of 2020. Eurozone GDP fell 12% in the 2nd quarter of 2020 following a 4% contraction in Q1.
When the novel Coronavirus (COVID-19) initially struck Wuhan, China in January 2020, most investors in Europe did not expect the disease to reach the continent. Yet here we are; a seemingly innocuous holiday stop in the French Alps by a Brit returning home from a conference in Singapore has morphed into a full-scale virus outbreak […]
Italy’s future is in German hands
“As coronavirus cuts a swath of economic destruction across Europe, pushing the already-strained budgets of southern countries to the brink, calls are getting louder for the eurozone to intervene by issuing debt backed by all members.” – by Silvia Borrelli and Matthew Karnitschnig
Investing in Europe in 2020 – The Year Ahead
An overview of some European key themes and political risks for 2020
2020 brings with it the 10th year of recovery since the global financial crisis. Equity markets continue to break records, ample credit is available, yet the bullish performance appears cosmetic at times and investing in Europe in 2020 is fraught with political risks. The US deficit doubled from $385bn to $779bn last year, the UK […]
Di Maio Quits as Five Star Leader in Italy, Deepening Party’s Disarray (NYT)
“He was once the fresh face of a new political force. Now, his exit could signal yet another government crisis.” – by Jason Horowitz
Italian PM Giuseppe Conte resigns plunging the country into fresh political turmoil (Euronews)
“Italy’s Prime Minister Giuseppe Conte has resigned, plunging the country into fresh political turmoil.” – by Gareth Browne