This time it’s Italy.
I used to believe that the Eurozone was undemocratic. Now I’m not so sure. The simple view is that national electorates have been subordinated. When Greece votes to reject austerity, its government is forced back to the table, and delivers more of the same. When… Read the article
Economics Elections Value Investing
The election of Emmanuel Macron as President of France marks an important shift in the narrative around European politics: not all popular discontent in Europe can be channelled as anti-EU or purely nationalistic.
For investors, the importance of Macron’s victory may be more about what has been rejected… Read the article