Mrs Merkel’s fourth term economic headaches
German Chancellor Angela Merkel will face her fourth general election next Sunday, 24th September. Opinion polls strongly suggest that she will win a fourth term forming a coalition with one or more of f the other parties. Attention will then shift to the policy...
Will a fiscal policy fix Europe’s defective monetary policy?
President Macron and Chancellor Merkel are agreed that the EU should look again at the structure of the eurozone. There appear to be two proposals to improve its functioning. The first is the creation of a eurozone finance ministry so that monetary policy can be...
One year after the referendum – the economy has not done so badly
On the 24th June 2016 as the referendum result sank in many analysts scrambled to slash growth forecasts for the UK – both in the immediate and more distant future. A few predicted an immediate plunge into recession as shattered economic confidence took its toll. We...
Brexit is the least of the financial service sector’s worries
Amid all the talk of Brexit and its implications for UK financial services a more significant issue is rapidly approaching in the form of an acronym called MIFID 2. MIFID stands for Markets in Financial Instruments Directive – it is a wide ranging piece of EU...