Kommentar: Sønderlemmende kritisk analyse af den økonomiske og politiske udvikling i Europa i 2020 fra Merril Lynch, der ikke tror på, at de europæiske politikere kommer ud af starthullerne med nødvendige reformer for at styrke erhvervslivets konkurreceevne, den generelle økonomiske udvikling og den generelle velstand.
Fra Merril Lynch:
Will the European Union (EU) ever punch above its economic weight? Rarely has an economic entity so large (total GDP= $18 trillion), so rich (average per capita income of over $36,000) and so well endowed (nearly 500 million population) acted so economically enfeebled.
By choice and design, Europe is an economic pygmy, preferring to lag, not lead, more reactive than proactive. Back in May 2017, Angela Merkel, frustrated with the Trump Administration, warned that the EU must be prepared to “take its fate into its own hands.” More than two years later, the world is still waiting; ironically, while dithering over the past few years, no region of the world has been hammered more by U.S.-Sino trade tensions that trade-dependent Europe.
Under new management——with Christine Lagarde at the ECB and Ursula von der Leyen at the helm of the EU Commission—perhaps Europe will exhibit new vigor heading into the next year. We doubt it, but here’s to hopingperhaps Europe will exhibit new vigor heading into the next year. We doubt it, but here’s to hoping