National Bank of Greece/Economic Research Division, (2017), “US and euro area economic data are buoyant, albeit politics (US tax-plan, German coalition talks) remain a source of uncertainty for global assets”, 21 Νovember
The euro area economic recovery has shown signs of increasing synchronization, with French and Italian GDP growth both picking up (see graph). Politics continue to cause uncertainty in the euro area, with coalition talks breaking down in Germany, with the liberal FDP citing large disagreements on immigration and energy with Merkel’s CDU/CSU block and the Green Party.
Relevant Posts
- Η Καθημερινή, (2017), «Ευφορία στις αγορές Ευρώπης, ΗΠΑ, Ασίας», 22 Νovember
- Eurostat/Euro area international trade in goods surplus €26.4 bn/15 November 2017