Tag Archives: elections

Europe’s year of change depends on its voters

Beyond the depressing, backward-looking policies that the Brexit vote and the election of Donald Trump as US president seem to have brought, there is a ray of hope.

People elsewhere in Europe, seeing the first ugly consequences of populism, might find enough motivation to go to the polls in elections just to try to keep populists out of government. I am talking about the decent people who are tired of politicians but aren’t seduced by the populists’ siren calls.

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Europe is too gloomy for its own good

“You see, no hope’s a dangerous thing.”

— W.A.S.P. “My Tortured Eyes”

Last year’s Brexit vote and the election of Donald Trump as president of the U.S. shook the world out of complacency and sent analysts and experts into a frenzy of attempts to explain what was behind these two events.

For Trump’s election there is the partial explanation of the Russian intervention. For Brexit, the fact that the tabloid newspapers have, for years, portrayed Eastern Europeans as benefit scroungers who at the same time “steal” jobs from the British may have played a role.

But what about the rest of Europe?

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Romania may have just become a huge investment opportunity

Romania is often dismissed by investors as too small, too corrupt or too complicated to bother with — sometimes all three. And yet, this little-understood country has, over time, delivered huge profits to those foreign investors who knew how to navigate the often complex issues that it is faced with.

A recent political phenomenon could present investors with new opportunities, this time for the longer term – if things play out right.

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Credit Growth ‘Excessive’ in Many Emerging Markets

Emerging markets have quickly caught the developed nations’ disease and now many of them suffer from too rapid credit growth, which threatens their financial stability, analysts at Societe Generale said in a report.

In several countries, credit growth has exceeded 15 percent per year over the past four years, outpacing gross domestic product growth.

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