Growth in the euro zone: What particular problems should we be concerned about?

Investors are concerned about the presence of a vast number of factors that could weaken the euro-zone economy : Brexit, trade war , debt . In reality, we do not see these factors as very worrying : we are probably heading towards free trade between the United Kingdom and the EU, the trade war is having only second- order effects , and interest rates in Europe will remain very low . We believe it is crucial to focus on the real matte rs of concern: The deterioration in Italy’s economic, financial and banking situation; The possible contin ued rise in the oil price; Companies’ very significant hiring difficulties despite the high unemployment rate.