The stagnation in Europe raises questions of political stability

Stanley Kober

Sunday, February 14, 2016

The stagnation in Europe raises questions of political stability.  Stimulus can go only so far as debt burdens rise.  Negative interest rates are now having unexpected effects (e.g., the rise in the yen).  If Italians have no faith in a long-lasting recovery, how will they react?


http://www.nasdaq.com/article/eurozone-economy-grows-steadily-but-outlook-darkens--6th-update-20160212-00546