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More Europe

At the height of the European Sovereign Debt Crisis, German leader Angela Merkel was openly calling for ‘more Europe, not less’. With Emmanuel Macron elected to the Presidency of France on that platform, Merkel has perhaps her only chance…

The problem at euro banks

As the Brexit worries began two weeks ago, I flagged Italian banks - more than the UK economy - as one of my principle concerns, because of the potential to cause systemic damage to the euro system. And now the contagion is spreading, with…
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