02 June 2024

Gone are World War II Glory Days for Western Allies in Europe

Economies of Great Britain, Germany and France are sliding into a Rabbit's Hole trap of revised GDP forecasts, as they risk pouring billions into Ukraine's losing war weaponization
Here's the most recent headline
France’s spending turns into political liability for Emmanuel Macron
France's spending turns into political liability for Emmanuel Macron
S&P warns debt ratios will only worsen in coming years and put Paris’s 2027 target for controlling deficit out of reach 
The downgrade risks precipitating significant political fallout for Emmanuel Macron, but the financial impact is likely to be limited © AP



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Macron Puts French Banks in Play With Plan to Transform Europe

The French President signals he’d be open to cross-border bank M&A as he sets out the case for a transformative shift in the continent’s economic model

Macron Puts French Banks in Play With Plan to Transform Europe | Financial  Post
Letter: Thank goodness Europe's leaders have institutional memory
Europe 2024 Outlook – Will Inflation Get Back To Target? | Nomura Connects


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