Natixis looks at the effects of the eurozone’s asymmetry in FTSE Global Markets

In his latest blog for FTSE Global Markets, Patrick Artus – chief global economist at Natixis – argues that there is a pronounced structural asymmetry in the eurozone, with the four largest eurozone countries (Germany, France, Italy and Spain) divided into two categories according to their real wage flexibility. This article explores the effects of this disparity on a macro level, and the long-term possibility that Germany and Spain will boast structurally superior economies compared to their neighbours’.

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