Undeniably, the risk for businesses regarding Brexit has increased in December, as the deadline of March 2019 UK’s departure from the EU is looming. As a response to the recent political developments, the UK pound has weakened, and sentiment has…
The October 17th EU summit is approaching, and MNCs are wisely finalizing their contingency plans for a downside scenario in Brexit negotiations between UK and EU; this is merited in light of the major impact a No Deal (Hard) Brexit would…
MNCs have a problem in the UK. On the one hand, the UK is a critical market in nearly every firm’s global portfolio, with the market representing 10% of the EMEA market and 3% of the global market. On the…
EU-UK negotiations on Brexit have reached a crucial stage. The confirmation of a transitional deal until December 2020 has mitigated short-term business concerns, however a downside in ratifying the deal is still possible by October 2018. Most importantly medium-term concerns…
The Italian elections result was a protest vote directed towards the political elite after years of political and economic frustration. The populist Five Star Movement (MS5) won with 32.0% of the vote, with populist parties gathering 68.2% of total votes.…
The chart of the week is from Athanasia Kokkinogeni, Analyst for Europe: “Gross Fixed Capital Formation (Fixed investment) is one of the most important indicators we follow in developed markets. We recently hit a major landmark: across the 5 largest…
Populists crashing the euro; collapsing banks; Greece, France, the Netherlands and Italy out of the eurozone; crippling growth and sentiment: these were only some of MNCs’ fears for 2017 at the beginning of this year. Since then, improvements in fundamentals…