Report
The euro zone’s heterogeneity is growing, which is bad news
Heterogeneity among the countries of a currency area is bad news, as it exacerbates the negative effects of the common monetary policy. Unfortunately , the euro zone is becoming more heterogeneous, as reflected by: Productivity gains, Unemployment, Increases in wages and labour costs, The weight of industry, Foreign trade, The situation of banks, Credit growth and debt ratios, Asset prices (equities and real estate), Public finances.
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Natixis
Based across the world’s leading financial centers, Natixis CIB Research offers an integrated view of the markets. The team provides support to inform Natixis clients’ investment and hedging decisions across all asset classes.
Patrick Artus
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