2019: Draghi’s Farewell
2019: Draghi’s Farewell

Author(s): Martin Vlachynský
Subject(s): Politics, Supranational / Global Economy, Economic policy, International relations/trade, Financial Markets
Published by: Research Center of the Slovak Foreign Policy Association (RC SFPA)
Keywords: 2019; foreign policy; politics; EU; Eurozone; GDP; car production; US; China; Brexit;
Summary/Abstract: The year 2018 started with a dip and ended with a dip. While the first dip encouraged investors to buy, the second sowed fear. With fiscal problems in France and Italy, Brexit plans going round in circles and a headstrong US president, recession became the popular talking point of late 2018. The 2019 response to this was a turnaround in monetary policy in Europe and the United States. Central banks acted to keep the veil of prosperity firmly in place. However, as 2019 continued, problems could be glimpsed behind the veil.

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