The City should beware the changing eurozone
Posted by seumasach on April 25, 2012
Could we be looking at some yet more radical ideas about how Europe is to be governed? Is Europe moving to more state-led capitalism? What it will almost definitely mean is that European policy-makers will need to find new common ground — which probably means new attacks on those outside the eurozone. Proposals for more intervention and controls on finance and markets are quite likely. For the UK and the City, none of these developments is welcome.
The City does indeed have reason to fear developments in Europe: a cue for British opponents of the City to embrace Europe
24th April, 2012
For the first time since European monetary union in 1999, France may end up with a Socialist government, following Sunday’s first-round victory for François Hollande.