Charles Stanley's Redwood: Spain's troubles will not derail eurozone growth
90% of Catalans voted for independence
John Redwood of Charles Stanley
Political risk stalks the eurozone. The imposition of budget rules from the centre makes domestic politics in many of the bloc's countries difficult, writes John Redwood, chief global strategist at Charles Stanley.
Many of them have proportional systems which make majority governments a bit less likely anyway. The unpopularity of austerity policies to comply with eurozone budget rules has contributed to the decline...
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