December 2012: Currency update

Investors' impatience with the lack of progress on a permanent solution to the Euroland debt crisis (if that's what it still is) has begun to take its toll. From its position at the beginning of October the euro has fallen by more than two US cents....

Tuesday, 8 May 2012

Francois Hollande and The French property market

Francois Hollande's election is representative of the French people’s will for change as they are tired of a centre-right led government which has always been rigid in its approach to security, immigration and work. Holland is to re-launch a program for growth and stimulate the economy instead of implementing the austerity measures of Sarkozy. The real estate sector accounts for 18% of France’s economy and growth, so it is likely this sector will benefit from some sort of stimulus package. If you combine this with the strength of the loan book of French banks and the low default rate of borrowers, it is unlikely France’s real estate will...

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