Tracking developments in the deepening of EMU:
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Deepening EMU: The election of Jean-Claude Juncker as the next President of the European Commission will unleash a further wave of reform – though everyone has a different definition of the term! Already, the euro area has taken several giant steps towards greater economic and financial integration with much more to come.The peddlers of fears about an imminent collapse of the euro have been silenced – but no-one should be complacent when average public debt ratios are close to 100% of GDP. That fear will push further integration of the financial system –.
`Brexit’: If you do business in (and with) Britain, you must also work through the implications of the Prime Minister's risky strategy to achieve his definition of “reform” – leading on to a referendum that could yet see Britain exit the EU.
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