With the victory of Francois Hollande as president of France, the austerity plan designed by Angela Merkel and supported by Nicolas Sarkozy is at risk. Hollande considers that the plan cannot be something inevitable and that without growth there will be no Europe economy recover. Although Merkel agrees with the need of growth, discussions now are around how much Government debt should be involved in those growth needs.
The impact for us is more instability in Europe markets and consequently in Asian and EEUU markets due to their worries in Europe economy. Give special attention this week to Hollande visit to Germany, the talking between Merkel and Hollande and market reaction. Good investments!!!!
The impact for us is more instability in Europe markets and consequently in Asian and EEUU markets due to their worries in Europe economy. Give special attention this week to Hollande visit to Germany, the talking between Merkel and Hollande and market reaction. Good investments!!!!
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