Fitch: Rising political risks could take toll on Eurozone growth

Dhwani Mehta FXStreet

The US-based credit ratings agency, Fitch ratings, came out with its latest report on the Eurozone growth outlook against the backdrop of rising political risks.

Key Quotes:

“Renewed financial stress in the Eurozone in response to increased investor concerns over political cohesion could have a significant adverse impact on the real economy”

“Rising political risks in the Eurozone have the potential to spark renewed financial stress in the currency block. “

“The surge in support for populist and Eurosceptic political parties across the continent - in the context of several key elections in 2017 - could rekindle some of the concerns about fragmentation that were evident in 2012.”

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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