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We have a lack of growth in Europe, in eurozone, and in France, and we are struggling hard to recover and restore this growth. – Emmanuel Macron
France’s President perfectly summarizes the current situation in Europe. Anemic domestic growth and global uncertainties weigh on the battered European economies.
The European Central Bank ((ECB)) kickstarted the Quantitative Easing ((QE)) program again, a “gift” from Draghi’s dovish presidency. The new ECB President, Christine Lagarde, will need more than charisma to build consensus on the Governing Council.
Deutsche Bank (DB) expects an increase in ECB's communications' volatility as