Europe: another crisis in 2017?

Marine Le Pen and Santa © Getty images
Santa’s unpleasant surprise: Marine Le Pen

While US stocks have soared to new peaks this year, the picture across the Atlantic has been less inspiring. The pan-European Euro Stoxx 600 index hasn’t hit a record in almost two years, and is marginally down on its 1 January 2016 level. But in the last few weeks the macroeconomic backdrop has improved. The eurozone could well grow faster than the annualised pace of 1.4% it [...]