By David Marsh and Ben Robinson in London
The pernicious politics of Europe’s quantitative easing reflect the innate complications of carrying out unified monetary operations across a disparate 19-country region. These realities will overshadow the intricate technicalities of QE reinvestment next year.
The ECB is ending net asset purchases because of the improved euro area economy – but the fruits of the recovery are unevenly spread. Italian and Greek GDP remains smaller than before the financial crisis, and what the ECB calls ‘growth accidents’ cannot be ruled out.
Read the full commentary on the website.
Podcast: Islamic finance series: ‘London as a hub for Islamic finance’
Islamic finance series: ‘London as a hub for Islamic finance’. Stella Cox, managing director of DDCAP Group, speaks to Anton Varga from OMFIF. They discuss the origins of Islamic finance in the UK, why London is the ideal hub for Islamic financial services in Europe, and the opportunities that Islamic finance offers the UK post-Brexit.
Listen to the podcast.