Natixis - Europe : la solidaritÃ© apparente ne doit pas cacher la rÃ©alitÃ© qui est la concurrence

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Natixis

Patrick Artus

Europe : la solidaritÃ© apparente ne doit pas cacher la rÃ©alitÃ© qui est la concurrence

Lâ€™Europe vient de mettre en place un plan de relance de 750 Mdâ‚¬ financÃ© par des Ã©missions de lâ€™UE, ce qui est une manifestation importante de solidaritÃ© entre les pays europÃ©en s. Mais il ne faut pas que ce dÃ©but de solidaritÃ© cache la rÃ©alitÃ©, qui est que les pays europÃ©ens sont en forte concurrenceÂ : concurrence par les coÃ»ts de productionÂ ; concurrence fiscale. Cette concurrence a des effets sur les Ã©conomies plus violents que ceux de la solidaritÃ© mise en place.

02/09/2020 5 FR

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Natixis

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Patrick Artus

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Europe : la solidaritÃ© apparente ne doit pas cacher la rÃ©alitÃ© qui est la concurrence

Long Bono 01/41 vs. Short Bund 05/41

Overview of the Asian covered bond market

Consolidation after the euphoria?

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