Peace in the Box!
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28 July 2020
Posted in
sentix Euro Break-up Index News
When it gets too turbulent with playing children, parents like to bang on the table and end the tumult with a saying. In a similar vein, politicians in Europe have put an end to the light touch of uncertainty about the stability of the eu-rozone. The sentix Euro Break-up Index is falling to just 5.77%.
"Now it's time for peace in the box" shout parents in Germany when they want to let their kids know that things have become a bit too loud and violent again. But nobody really knows exactly who or what is meant by “the box”. This is currently different in the euro zone. Here, too, it seems that the politicians responsible have become a little too insecure, at any rate, the "box" in the euro zone has a volume of more than 1.5 trillion euros. And peace is. And just like small children, the markets follow the well-meaning but specific words of their "parents". The sentix Euro Break-up Index falls to 5.77%, only slightly above its all-time low of 5.2% in November 2019.
sentix Euro Break-up Index: Euro area Overall index and sub-index Italy
The sub-index for Italy, the country with the highest probability of exit according to the sentix Euro Break-up Index, also falls significantly to 3.8%. It remains to be hoped that politicians in Europe will fare better than most parents and that the "wild little ones" will not start to run riot again soon.
