Europe’s sovereign outlook improves, but are policy risks increasing?

The worst is over for the euro area economy as vaccination campaigns bring the coronavirus pandemic under control, but the region’s rebound from the 2020 crisis looks uneven and it might turn out to be significantly slower than that in the US.

How much is riding on the EU’s multibillion-euro recovery fund? How can the ECB and governments normalise monetary and fiscal policy – and what are the dangers of doing so too quickly? How might upcoming national elections in Germany, France and other countries complicate the twin tasks of boosting the euro area’s institutional resilience while improving its growth potential?

For answers to all these questions and more, please join Alvise Lennkh, deputy head of sovereign ratings at Scope Ratings, for a webinar on the euro area outlook at 16:00 CET on Tuesday, 13th July.