Europe Sheds Its Brexit Baggage and Aims for a Bold Relaunch [View all]
https://www.bloomberg.com/news/articles/2017-09-08/europe-sheds-its-brexit-baggage-and-aims-for-a-bold-new-relaunch
... Globally, with Trump challenging the trans-Atlantic order and North Korean leader Kim Jong Un testing nuclear bombs, the EU is presenting itself as a bastion of stability.
To be sure, the EU has its fair share of lingering risks. The southern flank -- Italy and Spain included -- features weak governments and banks (*), Macron must deliver on a domestic economic overhaul that Germany is demanding and Poland has provoked unprecedented concerns about democratic backsliding in the bloc and a rift with western neighbors.
But these realities aren’t spoiling a more optimistic mood in EU circles.
“Some are even talking about a renaissance of Europe,” said Janis Emmanouilidis, director of studies at the European Policy Centre in Brussels. “We need to be careful not to cheer too early and too loud.”...
(*) - Spanish bank Banco Santander is rated as the strongest bank in Europe, and probably in the world.
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