EEA News and Press, The European Equity Fund Inc. From 02/15/21

Despite questions over financing the European Union's new Green Deal, the green transition is now underway. The European Green Deal is the centrepiece of the EU's climate strategy. More investors are seeking to address climate change within their fixed income portfolios. For...

In our view, broad, vocal support for Draghi indicates how far Europe's consensus has swung in favor of fiscal intervention. In the U.S., after losing more than 200,000 nonfarm jobs in December, less than 50,000 were recouped in January. Our base case remains an orderly normalizat...

High public debts in the wake of COVID-19 pandemic will present a vulnerability for European governments with strong incentives to stabilize and lower their debt-to-GDP ratios. Changes in public debt as a share of GDP are determined by the primary balance (balance without interest pay...

Reaching a deal removes the main obstacle for a continued recovery of the pound sterling against the U.S. dollar, which is our expectation. Relative to the only other realistic option of no deal, the post-Brexit trade agreement certainly leaves the growth outlook for the UK and the EU...

With the advent of a series of successful vaccines, global markets can almost afford to be oblivious to virus headlines and instead focus on the medium term when economies have reopened. But, against this backdrop, a big question for investors must be: how quickly can populations be vacci...

The eurozone economy will continue to be dominated by the coronavirus, much as in 2020. Optimism prevails for the latter part of the year though as vaccinations are expected to boost economic recovery. Don’t expect the ECB to remove support quickly though. For further...

Bank of England instructs lenders to prepare for potential below-zero rates. Markets react to U.S. fiscal stimulus prospects, January jobs report. Is the U.S. in another housing bubble? For further details see: Are Negative Interest Rates Coming To The U.K.?

The global economy is likely to rebound strongly in 2021, with potentially the strongest global GDP growth in more than a decade. The vaccine rollout will allow us to reopen economies in the course of this year, which bodes very well for growth, particularly in the second half of the ...

With more stringent lockdowns in the offing and a still underwhelming vaccination campaign, the eurozone economy is likely to shrink again in 1Q. A recovery can still be expected from 2Q, though some headwinds remain, and inflation is likely to be temporarily higher. Meanwhile, th...

Rising shipping costs and lengthening delivery times have reignited the discussion about a return of reflationary forces. Business surveys in the eurozone industrial sector have started to point to some upward pressure on factory gate prices and potentially core goods prices. Howe...