Föhrenbergkreis Finanzwirtschaft

Unkonventionelle Lösungen für eine zukunftsfähige Gesellschaft

Archive for 2. Januar 2016

Europe’s Fractious Politics Loom as Threat to Markets

Posted by hkarner - 2. Januar 2016

Date: 01-01-2016
Source: The Wall Street Journal

Economic recovery and ECB policies should support stocks in 2016, but debates over immigration and EU membership pose potential obstacles

Britain’s planned referendum on the country’s membership of the European Union poses a key political test for the bloc—and investors.

Many investors are betting the forces that pushed European stocks higher last year will hold firm in 2016.

A nascent economic recovery and central bank money-printing buoyed European equities in 2015 and should continue to act as drivers, investors say. Still, political troubles mean markets can expect bumps along the way. Den Rest des Beitrags lesen »

Posted in Artikel | Verschlagwortet mit: , , | Leave a Comment »

Responding to Europe’s Political Polarization

Posted by hkarner - 2. Januar 2016

Photo of Jean Pisani-Ferry

Jean Pisani-Ferry

Jean Pisani-Ferry is a professor at the Hertie School of Governance in Berlin, and currently serves as Commissioner-General for Policy Planning for the French government. He is a former director of Bruegel, the Brussels-based economic think tank.

DEC 31, 2015, Project Syndicate

PARIS – In Europe, 2015 began with the far-left Syriza party’s election victory in Greece. It ended with another three elections that attested to increasing political polarization. In Portugal, the Socialist Party formed an alliance with its former archenemy, the Communists. In Poland, the nationalist Law and Justice (PiS) party won enough support to govern on its own. And in Spain, the emergence of Podemos, another new left-wing party, has ended the traditional hegemony of the Spanish Socialist Workers’ Party on the center left and the Partido Popular on the center right. (In France, moreover, the far-right National Front, led by Marine Le Pen, showed its strength in the first round of December’s regional elections, though it eventually failed to win any).

The message is impossible to miss: Increasingly, voters are deeply dissatisfied with mainstream parties and are willing to give a chance to those proposing radical alternatives. They are lending support to parties that, though very different from one another, all blame the European Union for the sorry state of their countries’ economies and labor markets. Den Rest des Beitrags lesen »

Posted in Artikel | Verschlagwortet mit: , , , | Leave a Comment »