At a time when peripheral Europe needs a weaker currency and low interest rates, ECB is on a rate hike spree (they have had only one rate hike so far) and the EUR is at 148.
This is like giving a poison pill to a patient who is begging to live (a bit longer).
This combination is a deadly mix that will bring Europe on its knees.
Let the summer pass and we shall see.
This is like giving a poison pill to a patient who is begging to live (a bit longer).
This combination is a deadly mix that will bring Europe on its knees.
Let the summer pass and we shall see.
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