Natixis puts the worrying 'logic' of the Eurozone's economic rescue efforts in the spotlight

Eurozone crisis rescue efforts have decoupled from financial markets logic, writes Natixis chief economist Patrick Artus, in a recently published opinion piece on Investment Europe’s website. In the commentary, he points to the worrying stubbornness of EU leaders’ in their continuation of a strategy that is inefficient and dangerous. The plan to rapidly reduce fiscal deficits and improve competitiveness has only led to a collapse in activity in the region, he says. Disturbingly, the strategy is being maintained, and even stepped up.

To read the full article, please click here


Leave a Reply

Your email address will not be published.