Yesterday it seemed unlikely that Greece can form a government. New elections are likely to produce a government even more strongly against the current EU/IMF loan package and austerity requirements. ...
Markets have been falling again, as we feared they would. The Euro crisis is still far from resolved. This week you can worry about the lack of a new government in Greece to meet the requirements of ...
The EU’s response to the French and Greek elections will be different. In the case of France Mrs Merkel will seek to smooth over the differences between herself and Mr Hollande. There will be ...
The Governor of the Bank of England gave a lecture this week on what went wrong with Bank regulation in recent years. He then told us how the Bank would use its new regulatory powers going forward. ...
A victory by Mr Hollande in the French Presidential election seems likely this week-end. Such an event will lead to a flurry of Euro area diplomatic activity, as officials seek to create a new ...
In recent weeks markets have become more concerned about Spanish finances than about Italian ones. The electors played their part and voted in a new Spanish government even more committed to the ...
Recent days have been difficult ones for the Euro. As if trouble in Spain was not enough, French voters last week-end voted mainly for parties that favour a change of policy over the Euro and EU ...
This week-end sees the first round of the French Presidential election. Polls say this round will be close between the incumbent and the challenger. The second round is likely to produce victory for ...
We have had more days of rising ten year Spanish government bond yields. Markets are concerned that the Spanish economy remains mired in recession. They are worried that the government will need to ...
This week saw the Spanish authorities seek to cut a further €10 billion from their public sector budgets, in an attempt to stave off further rises in their 10 year and other borrowing rates. The ECB ...
About John Redwood
John Redwood is Chairman of the Investment Committee at Evercore Pan Asset Capital Management Limited John was an investment analyst, manager ...