” Centrist politician Micheál Martin became Ireland’s new prime minister Saturday, fusing two longtime rival parties into a coalition four months after an election that upended the status quo.” – by Associated Press
Ireland
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 […]
Varadkar resigns amid warning impasse will hit the economy (The Irish Times)
“None of Varadkar, Sinn Féin’s Mary Lou McDonald, Fianna Fáil’s Micheál Martin or the Green Party’s Eamon Ryan secured anything close to the number of votes required to be elected Taoiseach and win the mandate to form a government.” – by Colin Gleeson
Property investors’ concern at Sinn Féin housing policies (The Times)
“Some large property investors are “concerned” about Sinn Féin’s housing policies, but other industry leaders think stability is the most important aspect of a government regardless of who is power.” – by Brian Mahon
Central Bank warns on Dublin’s €78bn company loans hub (The Irish Times)
“Ireland’s growing role as a host to esoteric vehicles for repackaged loans of highly indebted companies internationally could see it caught up in an international financial shock if corporate default rates spike.” – by Joe Brennan
How Ireland lost patience with Brexiting Brits (Politico)
“While Westminster has been distracted by Johnson’s charge toward an election, the profound implications of the London-Dublin fault-line — particularly for Northern Ireland — are slowly beginning to surface.” – by Naomi O’Leary
Navigating Europe in 2019
Themes and Risks Investors in Europe to Consider in 2019
We are nearly 20 years into the new millennium and it is an unrecognizable place compared to when it started. Lehman is gone, Bear Stearns – gone, Merrill Lynch – acquired, Citigroup is a fraction of its former self. Blockbuster, Toys R Us, Woolworths are all part of the history books now. Europe, where we […]