From Fitch Ratings Fitch Ratings’ annual series of European credit outlook events returned to London today, with a combination of presentations and panel discussion focussed on the question: Why is Funding The Key to Recovery? Below are some highlight quotes from today’s presentations. Sovereigns: “On the back of a fragile economic recovery and […] Read more »
Peripheral Europe Sovereign Risk Up Around Month End
By Stephen Lewis, Chief Economist, Monument Securities The euro has performed strongly so far this year. Since 31 December, its effective rate has risen by more than 2% to stand at its highest since November 2011. It is back at the level it traded immediately prior to the ECB’s announcing it would extend liquidity to […] Read more »