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EUROZONE: Merkron’s main risk is the interregnum (Italian politics in H2)

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The Franco-German proposal for a budget-based recovery instrument is a promising first step, but significant political challenges still loom in H2/2020.A unique constellation of factors has motivated Berlin to move, but among the many open questions are reform commitments and re...

 

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EUROZONE: Merkron’s main risk is the interregnum (Italian politics in H2)

The Franco-German proposal for a budget-based recovery instrument is a promising first step, but significant political challenges still loom in H2/2020.A unique constellation of